Word: dollarization
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Dates: during 1980-1989
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...exemplified how capitalism's ends could be served by humanitarian means and provided the prototype from which domestic "Great Society" programs and Third World development assistance schemes, such as the Alliance for Progress and the Caribbean Basin Initiative, were later designed. A testament to the power of dollar diplomacy, it has helped to shape and maintain U.S. leadership in world affairs...
...others say the blame cannot be placed on only one sector of society. "I don't subscribe to the notion that youth of America has been brought up to worship the almighty dollar," Fleischman says. "I don't think you can indict an entire generation, or a society...
Although Congress' trillon dollar 1988 budget is still being thrashed out, a majority of legislators from both the House and Senate have called for significant increases in both research and financial aid funding...
Moreover, Harvard officials see dangers in the increasing trend toward "Big Science" projects such as the billion dollar supercollider. They warn that neglecting smaller scientific projects will stifle a large amount of invaluable scientific innovation...
...Harvard Square real estate is a lot moreexpensive today than it was five years ago,"Zeckhauser said. "[Purchasing] six large parcelswouldn't have been unusual, but the dollar amountwouldn't be as large...