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Although in the past two decades Third World economies have had higher growth rates than those of the U.S. and Western Europe, in many countries that advance has been severely diluted by rapid population growth. Between 1955 and 1980, for example, per capita income in the U.S. grew from $7,000 to $11,500 (expressed in constant 1980 dollars), while in India it increased from $170 to $260, nearly doubling the disparity between the two countries. By the year 2000, some 630 million young adults will join the Third World's labor force, while industrialized countries will add only...

Author: /time Magazine | Title: People, People, People | 8/6/1984 | See Source »

...Angeles: 48,000 palm trees; 16,732 registered poodles; 3,672 traffic lights; 46,000 acres still in cropland. Everything seems larger in Los Angeles. It is the biggest fishing port in America. It leads the U.S. in per capita sales of bottled water. The cities of Washington, Detroit, Denver, Boston, Milwaukee, Cleveland, Philadelphia and Providence combined would fit within the boundaries of the Los Angeles Unified School District...

Author: /time Magazine | Title: Olympics: In Search of the Angels | 7/30/1984 | See Source »

...ceased payment on its $2 billion debt to foreign Danks and international organizations, a move almost unnoticed during the Argentine debt crisis. Capital flight in the past two years alone has been estimated at $1 billion. Although Costa Rica is substantially better off (it receives more U.S. aid per capita than any other country except Israel), it can barely meet the interest payments on its $4 billion foreign debt...

Author: /time Magazine | Title: Central America: Some Reluctant Friends | 7/16/1984 | See Source »

...Liberal Party. "After a month, your wife begins to ask when he is leaving. The second month, you ask him directly what his plans are." Nor is any foreign military presence likely to be popular in a country in which barely half the population is fully employed and per capita income is only $600 a year. Although in the present fiscal year the U.S. is committed to sending Honduras $168 million in economic aid, vs. only $78 million in military aid, the Suazo government would like to receive even more compensation for its support. "We have wonderful relations with...

Author: /time Magazine | Title: Central America: Some Reluctant Friends | 7/16/1984 | See Source »

...Costa Rica's 2.5 million citizens, most of them middle class, thrive on a relaxed and tolerant ethos founded upon a spirit of gentle compromise. For three decades the government has concentrated on building roads, schools and hospitals instead of arsenals. The country now boasts the highest per capita income in Central America ($1,520) as well as the lowest illiteracy rate (under 10%). "The last thing this country needs is an army," maintains José ("Don Pepe") Figueres Ferrer, the first President of neutral Costa Rica...

Author: /time Magazine | Title: Central America: Some Reluctant Friends | 7/16/1984 | See Source »

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