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Many developing nations still desperately need to reschedule payment of foreign loans and take out further ones; this will solve immediate problems, but the long-term picture requires more far-reaching help. Figures such as former Secretary of State Henry Kissinger and World Bank Head A. W. Clausen agree that restoring a healthy world economy will depend on long-term sustainable growth; this means that nations such as Jamaica must become more equitable participants in the international economy. To this end, the United States must give up its tunnel vision on proposals aimed at bolstering Third World nations. The miracle...

Author: By William S. Benjamin, | Title: The Struggle to Stand Alone | 4/6/1983 | See Source »

...deftly and redrew old ones so adroitly that the Republicans conceded the Democrats were likely to add perhaps five seats to the 22 they already held. In 'act, the Democrats gained six, unexpectedly taking the Northern California seat that had been held for ten terms by Don Clausen, 59. Clausen lost to 36-year-old State Assemblyman Douglas Bosco, who was a congressional page when Clausen arrived in Washington in 1963. Bosco hammered away at unemployment in the district's dominant lumber industry, while a group opposed to atomic weapons heavily publicized Clausen's vote against...

Author: /time Magazine | Title: Election '82: Losing a Fragile Coalition | 11/15/1982 | See Source »

...Defense Department official yesterday said that the proposed changes were unrelated to the May letter of Major Gen. Hugh J. Clausen, but rather came from a periods review and clarification of existing regulations...

Author: NO WRITER ATTRIBUTED | Title: Army Threat to Cut Funds Diminishes | 11/11/1982 | See Source »

...Clausen wrote in his May letter to six law school deans that "I am considering recommending that no Defense Department contracts be awarded your university as long as our officers are denied the ability to recruit on campus. "But the Defense Department official said Clausen "was referring to the Law School...

Author: NO WRITER ATTRIBUTED | Title: Army Threat to Cut Funds Diminishes | 11/11/1982 | See Source »

...been used for everything from industrial development to helping finance budget deficits. As a result, Western financial institutions now have more than $540 billion in loans outstanding to foreign borrowers. Even the IMF's associated institution, the World Bank, currently headed by former Bank-America President A.W. Clausen, has seen its portfolio of Third World loans rocket upward in recent years, though most of the loans have been for financially sound projects with a high probability of success...

Author: /time Magazine | Title: Why Bankers Have the Jitters | 9/20/1982 | See Source »

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