Word: argentinas
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Dates: during 1970-1979
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...there were especially ominous signs for some democratic or formerly democratic governments. India, under Prime Minister Indira Gandhi's state of emergency, seemed to be slipping into authoritarianism. Portugal, which not long ago gave hopes of becoming a successful democracy, seemed to be heading toward a leftist dictatorship. Argentina, where the chances of democracy admittedly had never been strong, seemed on the edge of bankruptcy and chaos. Though Britain appeared to be making some moderate progress in fighting its way back from the economic precipice, it remained in desperate shape...
Other countries vary widely, from relatively straightforward capitalism, as in Singapore, Canada and Argentina, through mixed economies where the government owns only key industries (oil in Indonesia), to nearly total government control of business, as in Cuba, Algeria and Hungary...
...Argentina, Japan, Pakistan, Israel and South Africa, as well as Brazil. Thus most experts rate the treaty a failure...
While driving through the Buenos Aires suburb of La Lucila last September, Juan and Jorge Born, members of one of Argentina's richest families, were abducted by left-wing Montonero guerrillas. As a trainload of commuters watched in horror, the Montoneros, posing as policemen and telephone workers, forced the Borns' limousine into a side street, shot and killed their chauffeur and a business associate who was riding with them, and seized the brothers. Both were executives in the family-owned Bunge y Born, the largest privately owned firm in Argentina (grain, metals, Pharmaceuticals, textiles...
...scratched the surface. In several countries, bribes must be routinely passed out to minor functionaries just to get licenses or even make sure that an American executive's household furniture clears customs. Payoffs to government officials to influence their buying decisions are also common in such countries as Argentina, Indonesia and almost any place in the Middle East...