Word: globalization
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1980
Sort By: most recent first
(reverse)
With oil costs soaring, the hunt for alternatives to OPEC petroleum has become a global obsession. To bolster conventional sources of crude, oilmen are drilling more and deeper than ever before. Often they are going to depths of 15,000 ft. or more, and frequently in storm-tossed seas that not even a seasoned mariner would care to navigate. A record 60,000 new oil and natural gas wells are expected to be dug in the U.S. this year, as compared with 27,602 in 1973. Meanwhile, engineers are racing to find new and more effective methods to recover...
...wealthy, signifies a genuine concern for national welfare instead of corporate greed, "supply-side economics" cannot succeed in revitalizing America. Their atavistic prescription of freemarket policies to bolster productivity exemplifies the failure of modern economic theory to adapt to the complex problems of either an increasingly interdependent global economy or a fragmented American society...
Although no longer the factory for the industrial world, the United States still carries the largest share of the burden for sparking global development. Muller attributes the stagflation that has mired national growth rates in a steady through to a vicious cricle of inflation and low productivity and likens the American scenario to the sputtering economies of less-developed countries. To combat what he calls this "Latin Americization" of the United States, he proposes concerted political efforts to both stimulate world-wide demand for American products and national consensus for greater efficiency and equity at home. Although he doesn...
...Brazil toward export-oriented industrial and urban development significantly diluted relief to the rural poor there. Similarly, Muller notes that after years of stangation the Indian steel industry has become an exporter. But at what cost to the millions starving in India's villages and cities? Although his global market plan may provide a boon to the United States and other technology exporters, its prospects for helping the world's poor are minimal. Taking the current activities of the World Bank as and indicator of Muller-style operation, semi-industrialized Third World countries will be favored over those which need...
Some Harvard professors, however, underscored Haig's foreign policy experience and praised him as a strategic thinker. "Mr. Haig knows where Berlin is," Karl W. Deutsch, professor of Government, said. "He will make no adventurist moves against Cuba without thinking of global consequences...