Word: backwards
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Dates: during 1950-1959
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...then does Russia earn its welcome? Though private enterprise still has a vital stake in India's backward economy, the government is heavily committed to state ownership of industry and natural resources. Thus Russia, the first socialist state to emerge as a major industrial power, is solicitously helpful in mapping a nationalized economy for India. U.S. pharmaceutical firms have long been anxious to build plants in India, but have balked at the prospect of investing money and technical secrets in a government-controlled industry. Last week the government announced that a ten-man Indian delegation would leave soon...
...would be interested, Sukarno resumed, to observe material achievements in Communist countries, "where they have gone about this backward-they have started out to establish freedom from want and-" Once again he broke off, and this time a ripple of laughter ran through the 1,000 top-ranking Indonesian officials who made up the bulk of the audience...
...picture, as in the novel, the dramatic scalpel does not cut very deep. But there are vivid clinical scenes in hospital ward and peasant hovel, touching sequences of the young doctor's struggles with Auvergne's backward farmers, who prefer faith healers to doctors...
...Manhattan's Guaranty Trust Co., General Foods Corp. and, since 1947, the World Bank). Garner's IFC starts with a fund of $78.4 million, hopes to prove that private enterprise in underdeveloped countries pays off, attract other investors who might normally be wary of investing in backward lands...
...executive salaries and bonuses to cost allowances on Government contracts, for hiring recently retired military generals "fresh from the opposite side of the desk" and giving them nebulous "advisory" positions. Said the report: "Companies whose business is so closely interwoven with the Military Es tablishment ought to lean over backward so that no suggestion of favoritism, influ ence, or 'old school tie' could be read into their conduct...