Word: economices
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Dates: during 1960-1969
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Six months ago, the board's majority recommended a return to parliamentary democracy and a "four-legged" economic system that would include a private sector, cooperatives and joint private-public ventures, as well as state-run enterprises. It also recommended more autonomy for Burma's hill tribes and...
Two weeks ago, Ne Win finally handed down his decision about the advisory board's advice. "I am not interested in any economic system, with four legs or otherwise, which does not put the people's interests first," he said. "We must go the way of true socialism...
In a Cabinet meeting that lasted six hours, Foreign Minister Abba Eban and Minister without Portfolio Pinhas Sapir used the punishment issue as a springboard for an attack on Dayan's entire policy for dealing with the occupied territories. They criticized his plans for combining the economies of the...
Paul McCracken, the President's chief economic adviser, warned the businessmen of sacrifices ahead. "You will have to steel yourselves to the fact that all the things happening are all the wrong things-lower profits, a cost squeeze." Even after the "painful transition" is over, he said, the Government...
A Call for Controls. The meeting took place amid increasing signs that businessmen are growing pessimistic about the chances that the Administration's strategies of tight money and budget surplus will actually stop inflation. The latest economic statistics indicate that the policies are indeed slowing the economy. Corporate profits...