Word: disinvestment
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Last week the House of Representatives passed overwhelmingly by voice vote a bill forcing the United States to completely disinvest from any business in South Africa. The Senate Foreign Relations Committee will hold hearings on sanctions July 22, 23, and 24, Mark Helmke, a spokesman for Sen. Richard Lugar (D-Ind.) said yesterday...
First, advocates of disinvestment assume that it is possible to know accurately how many Blacks in South Africa want U.S. companies to disinvest...
...State Department official William Jacobsen maintained that "The psychology of threatening disinvestment is more important than disinvestment because once you disinvest you have no more leverage" to change the country...
Sander, however, yesterday said, "There is a difference between watching from the sidewalk or holding a sign saying 'Harvard disinvest' and going into a building and refusing to leave when asked. We don't consider them the same, even though the students would like...
...productivity problem, he believes, because resources are blocked from moving from sluggish industries to more productive ones. He favors pulling investments out of "sunset" industries and allowing them to go under, while providing generous aid and retraining programs to laid-off workers. Says Thurow: "If we cannot learn to disinvest, we cannot compete in the modern growth race...