Word: alianza
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...main feature: tax breaks for new industries), and is a regular consultant to the Alliance for Progress. Students around the world learn the fundamentals of economics from Paul Samuelson, another M.I.T. professor, whose textbook, Economics, is a standard in at least ten languages. The chief U.S. representative to the Alianza, Walt W. Rostow, is better known abroad for his Stages of Economic Growth, a do-it-yourself guide to economic development that is gospel for many leaders of underdeveloped lands. These newly arrived politicians are also avid readers of Harvard's John Kenneth Galbraith, whose criticism of high consumer...
...airport and hoisted him to its shoulders. In town, a banner-wielding throng of 7,000 jammed the narrow streets, waving and shouting, "Workers for Victor Paz." "This is an emotional experience for me," Paz told the crowd, and went on with Henderson to snip a ribbon on an Alianza-financed road project, inspect a new water plant and attend a civic banquet. On the flight back to La Paz, the President allowed that "this has been a great...
...Development Association, Johnson grabbed a phone to call White House Legislative Aide Larry O'Brien: "What's going on with fhe IDA bill? How many votes have we got?" Said Johnson, turning to the diplomats: "There's been a lot of talk about ideals in the Alianza. We are going to put those ideals into action...
Next day the House passed the $312 million IDA bill, and L.B.J. gave the Latinos something else to cheer about. Into Teodoro Moscoso's old job as U.S. representative to the Inter-American Committee (CIAP), which guides the Alianza, went Walt Whitman Rostow, 47, chairman of the State Department Policy Planning Council and a man with both the prestige and power to cut through the Alianza's bureaucratic underbrush. The total performance left Peru's Ambassador Celso Pastor bedazzled. "This marks the beginning of a new era," he said. Or as one Administration adviser put it: "Latin...
...country was conspicuous by its absence from the list of nations receiving increased Alianza aid: Venezuela. With its close cooperation between government and industry (see WORLD BUSINESS), the oil-rich nation is in the happy position of not needing massive infusions of U.S. dollars; in the judgment of economists, it is already past the takeoff point and able to generate its own momentum for progress. The proof? While President Johnson was speaking in Washington last week, Venezuela's President Raul Leoni went be fore his Congress in Caracas to announce a four-year, $850 million public spending project...