Word: sectored
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...have economists. But following World War II, the amount of consulting grew. The government began seeking non-military advice from scientists, domestic and international advice from economists and political scientists. The increasingly technical nature of the business world opened up opportunities for academics in the private sector as well...
...Washington, Massachusetts and around the nation lies in the perception that government had stopped working as it is supposed to, that it had become a force for stagnation. The solution, the new-comers promised, was to truncate the government and return many of its powers to the private sector, where a benevolent invisible hand would massage the nation back to spiritual and economic health. We, too, believe those symptoms exist but place our faith in entirely different remedies from those President Reagan has proposed. For all that the President and his supporters speak of realism and accepting the world...
...Giscard had campaigned most strongly against was Mitterrand's bold plan for economic and social reform. In addition to nationalizing the country's remaining private banks and eleven basic industries, including mining, communications and aerospace, Mitterrand's program calls for the creation of 210,000 public sector jobs, a higher minimum wage, tax hikes for the wealthy and a 35-hour work week. Critics see this as a guarantee of more inflation, more balance of payments deficits and a weaker franc...
...context of France's already heavily mixed economy, Mitterrand's nationalization plans are not all that radical. He would increase the proportion of nationalized banking activity from 60% to 100%, while jacking up the share of public sector industry from 12% to about 17%. This would bring 700,000 additional workers under government control. But, in fact, the companies in question are already largely controlled by France's state-directed economy. Many of the companies scheduled for nationalization are now faltering anyway and in need of some kind of government support. Moreover, some of France...
...doctrinal flip-flopping has only served to inflame contending sectors within the P.C.F. During the period of internal bickering, about 100,000 members dropped away. As always, the chief source of Communist strength is its dominance of the 2 million-member, Paris-based General Labor Confederation (C.G.T.), France's largest trade union organization, which has particular influence in such public-sector enterprises as railways and the electric companies...