Word: america
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Dates: during 1980-1989
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...extraordinary initiative. It recognizes that debt is a political problem -- one of the major issues of world security -- and not just a matter between U.S. banks and Latin American nations. The Brady Plan has as its basis the reduction of debt and the realization that the countries of Latin America cannot continue servicing their debt in the way the banks have obliged us to up to now. In the past five years, Latin America has paid back the total amount of its debt service, yet now it owes more than before. And what is the result? The economic growth...
...1970s Latin America imported from the U.S. significant amounts of goods. In the 1980s that flow dropped as much as 80% in some areas, such as automobiles and tractors. The decrease was a fundamental cause of the great fiscal deficit of the U.S. The recovery of Latin America's economy should have the same significance for the U.S. as Europe's recovery had during the Marshall Plan...
...environment, Europe and the U.S. have caused great damage, but we ((in the Third World)) have also contributed. In Latin America we have the great Amazon region. The great depredator of the environment is misery and poverty. If we don't correct the problem in countries that still have great ecological resources, then humanity will see itself in the long term confronting a tragedy of survival...
...gross national product as a result of our adjustment measures. If we don't straighten out this situation, if we don't have the resources to confront this violent decline, the social situation will reach intolerable extremes. And it's not just us; all the countries of Latin America are suffering...
...inflated market is also eroding the other main function of museums: the loan exhibition. Without a doubt, the past 15 years in America have been the golden age of the museum retrospective, bringing a series of great and (for this generation of museums and their public) definitive exhibitions, done at the highest pitch of scholarship and curatorial skill: late and early Cezanne, Picasso, Manet, Van Gogh, Monet, Degas, Watteau, Velazquez, Poussin, up to MOMA's current show of Picasso's and Braque's Cubist years and, perhaps, Seurat to come...