Word: breakthrough
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Dates: during 1980-1989
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Soviet economists contend that China's remarkable breakthrough in food production must be measured against the primitive level of farming that prevailed before the reforms. They question whether such high yields can be sustained solely through intensive hand-cultivation of crops. Mechanizing the Chinese countryside would bring about needed changes in farming, but at a high price: widespread rural unemployment. To soak up excess labor and concentrate land in the hands of the most efficient peasants, China has launched a rural industrialization drive that has resulted in smokestacks, water towers and silos sprouting up in the provinces as fast...
...first sessions seemed devoted to a cautious feeling out of positions. But by week's end the group had made enough progress to continue meeting over the weekend, and some participants felt a breakthrough was near. They were discussing, among other things, a partial freeze on federal spending for the next two years; there was no word on what tax action might be pending. It seemed clear, though, that the summiteers were unlikely to go beyond a $23 billion deficit reduction in the current fiscal year and indeed were having trouble going that far. Said a participant: "Getting over...
...rarely happened in the 86 years that the Nobel Committee has made the awards, which currently include a stipend of $340,000. Indeed, recognition of even the most significant scientific discoveries can take decades. But the research that earned this year's Physics Prize was such an obvious breakthrough that the academy acted with remarkable haste. Karl Alex Muller, 60, of Switzerland and Johannes Georg Bednorz, 37, a West German, became laureates less than two years after their discovery of high-temperature superconductivity and just a year after their findings were first published...
...continued until the deadline day. Finally Mulroney's chief of staff, Derek Burney, asked U.S. Treasury Secretary James Baker when would be a good time for the Prime Minister to call the White House to tell Reagan their effort had failed. "That got the wheels moving," Burney recalls. The breakthrough came when both sides agreed that panels of U.S. and Canadian experts would be empowered to mediate any trade disputes that arise...
Should an economic power as large as the U.S. get excited about the sale of a few thousand autos or tons of steel to a foreign country? Yes, indeed. For America in the 1980s, a modest export can represent a major industrial breakthrough. Cases in point: Chrysler Chairman Lee Iacocca announced in September that for the first time in nearly ten years, the automaker would begin selling U.S.-made autos in six West European countries -- and at prices lower than those of competitive models. Earlier this year the largest U.S. steelmaker, USX, sold 20,000 tons of hot-rolled bands...