Word: east
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Dates: during 1980-1989
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Western conservatives object that Yalta Two would simply concede continued Soviet dominance over the area. They do not favor cementing the status quo or illogically and unrealistically attempting to extend NATO's influence into the East. Instead, they recommend that both sides try to thin out their troop presence...
...wise course for the West is to overhaul its long-standing policy of "differentiation," which has meant, primarily, dealing with each East European country directly rather than through Moscow, and rewarding human- rights improvement with economic prizes like most-favored-nation trade status. But, says a Western diplomat in Vienna, "quite frankly, differentiation is a reactive policy, a cautious policy. It does not initiate and it is not crafted to take account of the complex issues that are now at stake...
...does not intend to be, but the West is divided by the question of how, and how much, to help the East bloc. One school, which includes Italian Prime Minister Ciriaco De Mita, is eager to launch a Communist Marshall Plan to deal with the bloc's $131 billion indebtedness -- a 60% increase in three years -- rung up by outmoded and mismanaged state industries. "An expensive irrelevance," snorted the Economist. Critics are wary of throwing money at Eastern Europe without a clear idea of what they should extract in return. Former U.S. National Security Adviser Zbigniew Brzezinski wants any assistance...
...Administration would back Poland and Hungary with the International Monetary Fund, support extending trade waivers, increase high-level contacts and boost exchange programs. Ambassador Palmer recommends joint ventures and small loans directed to specific projects and placed with small commercial banks. He wants President Bush to make an East European tour...
Private funding can also help. This month the bloc's first privately financed business school will open in Budapest. A Rockefeller Brothers Fund program assists private agriculture in Poland. But so far the private stake has been small. In the past, the East bloc regimes have disdained such capitalist assistance. Now Western investors worry about instability. "If they want new money and new investment from the West, they've got to create an economic and social climate so Western business executives will sense they're dealing with a stable situation, unfettered by bureaucracy, ((with)) a normal return they can repatriate...