Word: asia
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Dates: during 1950-1959
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American economic policy is perhaps the only means of successfully winning Asia for the West, Walter W. Rostow, professor of Economics at M.I.T., told the audience at a lecture sponsored by the International Development Society last night...
After stressing the military, strategic, and ideologic importance of the Eurasian land mass, Rostow went on to predict that the central issue of the future would be whether the older West could live in harmony with the never Asia. "The answer may well depend on whether the U.S. actively participates in the Asian adventure or merely sits by and comfortably observes her modernization," he said...
...despite Reischauer's optimism, he feels there are certain areas in which both the United States and Japan have fallen down. On Japan's part, he notes a tendency to divorce herself from Asia and to shirk her rightful share in world affairs...
...this area that Reischauer feels the U. S. has fallen down. Although basically it is up to Japan to snap out of her doldrums herself, he feels the U.S. should do everything possible to help the Japanese regain contact with the peoples of Asia...
While Reischauer feels that bolstering the confidence of the Japanese and restoring their contacts with the rest of Asia would be a very delicate business, he does suggest certain concrete steps in an article in the New York Times magazine. These included helping to solve the reparations disputes between Japan and certain other Asiatic countries, and using Japanese technology in economic aid programs...