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Usage:

...meeting has no formal agenda. There will be no final communique. Few of the participants expect much in the way of concrete results. Then why are 22 heads of government,* 1,000 ministers and aides and more than 2,500 journalists converging on the Mexican resort island of Cancún this week for the International Meeting on Cooperation and Development conference...

Author: /time Magazine | Title: Summit: Rendezvous in Canc | 10/26/1981 | See Source »

...some of the more militant Third World leaders, the Cancún session will be another pulpit from which to bully the industrialized nations for their real and imagined imperialist sins. For others, it will be a chance to lobby face-to-face for change in a world economic order that is stacked against the poorer nations. For Ronald Reagan, it will be an occasion to hold up the U.S. example of free enterprise as the path to development and prosperity. It will also give him an opportunity to meet some important foreign leaders for the first time...

Author: /time Magazine | Title: Summit: Rendezvous in Canc | 10/26/1981 | See Source »

...main idea behind the summit, that the industrialized world must help the underdeveloped countries climb out of poverty, has been an article of Third World policy for decades. The immediate inspiration for Cancún came from a report published last year by an 18-member independent commission on international development headed by former West German Chancellor Willy Brandt. Among its proposals: major aid transfers to the Third World; reform of international lending agencies to provide cheaper credit to the Third World; stabilization of oil and commodity prices to benefit the developing countries. The Brandt report also urged that leaders...

Author: /time Magazine | Title: Summit: Rendezvous in Canc | 10/26/1981 | See Source »

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