Word: dilemma
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Dates: during 1980-1989
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Improved Government policies can only make a start on solving the trade dilemma. What is needed is a change in national direction. Long ago, Henry Ford lost his appeal as a role model, and interest in manufacturing faded. Services became the wave of the future, and law and investment banking became the prestige careers. America is paying the price for the increasingly unproductive orientation of its top talent...
...From a public policy point of view, it's an interesting dilemma." said Wolf...
...approach poses a dilemma for Deng, Zhao and other reformers. Not only does the change of course expose popular fears of the market-oriented direction that the economy is taking but it also underscores the leadership's inability to force the middle levels of the party bureaucracy to administer the reforms. Referring to the pragmatic Zhao's victory over conservatives in winning the party leadership a year ago, a Western economic analyst summed up, "The leaders confused the fact that they no longer had political opposition with the illusion that the country was ready for such fundamental reforms...
...southern province of Guangdong enacted experimentally in November 1987 were eventually accepted. Others are not so sure. Su Shaozhi, China's most eminent ideologist, is convinced that Communist states, as currently constituted, are "societies of scarcity of supply and excess demand." The only way to cure that dilemma, he argues, is to permit political pluralism, giving workers a voice in running the economic system in return for their sacrifices...
...shields and billy clubs broke up a boisterous crowd of 2,000. Another day, 75,000 marchers paraded peacefully. While the protests did not disrupt the conference, the bankers knew what they symbolized: a growing anger around the world with the way banks and governments have handled the thorny dilemma of Third World debt...