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...went in for road building, so far has committed $665 million to projects ranging from highways around Lima to a 3,500-mile stretch that will presumably open up the Andes' sparsely settled eastern slopes to farming and light industry. So far this year Peru's per capita income is up 16% to an annual rate of $365, which may not sound like much but is dramatic in view of the country's past poverty. Though the budget will be $30 million in the red this year, the sol is one of the stablest currencies in Latin...

Author: /time Magazine | Title: Peru: Reversal of Form | 8/5/1966 | See Source »

...change that has overtaken the world's food supply. With the earth's population growing twice as fast as food production, North America and Australia have become the bread basket for more than half the world. The U.N.'s Food and Agriculture Organization estimates that per capita food output will actually decline 2% this year and that more than 3,000,000 people will die of malnutrition. This problem has created challenges and opportunities for companies with the talent to help end hunger...

Author: /time Magazine | Title: Food: An All Consuming Opportunity | 7/1/1966 | See Source »

...that the Soviet economy would surpass that of the U.S. by 1970. His successors have been far more realistic. A recent Kremlin report suggests that instead of being on the verge of world championship, the Soviet Union's populace barely managed to surpass Bulgaria in 1963 in per-capita purchasing power. In fact, by Moscow's own admission, four Comecon countries -East Germany, Czechoslovakia, Hungary, and Poland-enjoyed higher standards of living than Russia itself three years...

Author: /time Magazine | Title: World: The Importance of Sufficiency | 6/10/1966 | See Source »

...other categories, the Soviet Union fared slightly better; Russia ranked third after East Germany and Czechoslovakia in per-capita industrial output. But in agricultural standings, Russia ended up in fifth place behind Poland, Hungary, Bulgaria and East Germany...

Author: /time Magazine | Title: World: The Importance of Sufficiency | 6/10/1966 | See Source »

Forever hungry, India needs fertilizer to inspire the food production necessary for its burgeoning population. The answer of course lies in chemical fertilizers. Since independence, the Indian government has built six chemical-fertilizer plants; to these is due much of the credit for the fact that per capita food production has actually gone up 15% in the last 15 years. This is not nearly enough, but under Pandit Nehru, India refused to allow foreign companies to "exploit" the country's potential market for fertilizer...

Author: /time Magazine | Title: India: Fertilizer to Fight Hunger | 5/27/1966 | See Source »

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