Word: africa
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Dates: during 1970-1979
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...Republic of South Africa is a country where a white minority lives in health and comfort, reaping the fruits of a richlyendowed, modern industrial economy. It is also a country where black children are so malnourished, susceptible to disease, and deprived of medical care that, according to United Nations estimates, half of them die before reaching...
...gruesome realities of the apartheid system are not, per se, the subject of controversy at Harvard. Everyone here, at least in words, opposes apartheid. The questions before the Harvard community are: whether it is appropriate for Harvard to maintain investments in corporations which operate in South Africa; what the impact would be of a move to divest from such corporations; and how to weigh the contribution that action would make to anti-apartheid efforts against the possible financial losses to Harvard from changing its investment policy...
...suppose Harvard announced that it intended to divest from corporations which operate in South Africa, thereby joining a growing international effort to ostracize the Nationalist government of that country through economic and other sanctions. Naturally, time will be allowed to effect an orderly transition to an investment policy based on stocks not involved with South Africa, real estate, government bonds, etc.; but after a specified date Harvard would have severed its financial ties to the apartheid regime. What could we expect to be the impact of such an action by Harvard...
...Thirdly, political leaders and corporate planners who try to gauge long-term trends would see Harvard's action as further evidence that the days of the white minority regime are numbered. To be sure, divestiture would not have an immediate financial effect on the companies which operate in South Africa. The impace of such a dramatic move would be felt on a deeper level...
Fundraisers doubt the rise of Harvard student activism on issues like South Africa will affect their drive. "We can't plan for things that we can't influence," Gibbens says. Glimp points out that alumni contributions remained steady through the period of student protests in the late '60s and early...