Word: exportability
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...stage of decision. As TIME'S Tokyo Bureau Chief Ed Reingold reports, more and more Japanese leaders realize that their economy has to make the jarring transition from super-precocious adolescence to maturity. At home, Japanese consumers complain that they have been left behind in the scramble for export markets, and they are clamoring for more of the rewards of industrial expansion. Abroad, many of Japan's best trading partners are becoming increasingly impatient with the way that its businessmen flood the world with exports while keeping their own economy insulated from foreign goods and capital. These...
Melchett was stopped by the government's Prices and Incomes Board, which ruled late in May that BSC could raise prices only $96 million. The board's order was intended to help British export industries-most of which are not nationalized-by holding down the costs of their steel. Melchett angrily protested against forcing BSC to subsidize exports, but to little avail...
...huge natural wealth. The plan emphasizes food production, irrigation, rehabilitation of the infrastructure and land-sea-air communications. If all goes well, Indonesia will be self-sufficient in rice production by 1974. The government also hopes to persuade 3,000,000 women to adopt birth-control methods. Exports, worth $643 million last year, are important in the country's growth plans. By 1974, Indonesia hopes to raise its export of primary commodities such as oil, rubber and spices to around $800 million...
...Economics. What he and his fellows did was organize a floating exhibition of Finnish products on a 10,000-ton ferry, then anchor it last fall beneath London's Tower Bridge. More than 100 firms participated in the "Finn-focus" exhibit, which produced $5,000,000 in export orders...
...pollution is to the environment-a corrosive force that unbalances everything. Though 16% of the nation's plant capacity stands idle, businessmen have been expanding their factories at a record rate, buying machines and materials now to beat further price rises and economize on scarce and costly labor. Export prices have risen more during the past year in the U.S. than in any other major country but Canada and Britain, and the nation's traditional trade surplus has all but disappeared. Wage gains are exceeding the increase in workers' productivity, pushing up costs all around. Some...