Word: eddison
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Dates: during 1970-1979
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Contrary to popular belief, HIID has not been a money-making proposition. In fact, HIID has accumulated a $100,000 deficit since its creation in 1974. However, Eddison says he expects HIID to cross the line into the black sometime this year...
...partially because of the shortage of funding, contracts are not simply being dumped in Harvard's lap as they once were. "At one time, we were sufficiently unique and there was limited competition, so that many, many projects were brought to Harvard and only a few were carefully selected," Eddison says. "To some extent, people still come to us because we're known for what we've done, but when we want to move into new fields, it's much harder. There, we have to go out and show initiative...
...Eddison says HIID "took quite a beating" during the early '70s as the traditional sources of funding for its projects--the Ford Foundation and the U.N. Development Program--began to dry up. Before, host countries could depend on these funding sources for the HIID programs, but today the institute's clients must fund the projects themselves, often with loans on favorable terms from the World Bank and other international lending institutions...
...hope that a moderate regime would come in, a reform regime. And there was evidence, we thought, that a number of the relatively informed, educated, enlightened Ethiopians might well take power," Eddison says. "But that didn't happen. A number of them were jailed or killed and eventually the power shift went the other way to the extreme left...
...months after the government began to look for more radical solutions to the country's problems. "Where a country wants to move to the extreme left, they don't want us and we're really not in the position to give them the kind of advice they're seeking," Eddison explains...