Word: foreign
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Dates: during 1980-1989
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...will a revamping of party practices be enough to lure back voters? Of key concern are the farmers who deserted the party in droves, complaining that the L.D.P. had capitulated to foreign trade pressures by opening Japan to food imports. Charged Masatoshi Wada, a leader of the 10,000-strong Shuso Agricultural Cooperative: "The L.D.P. promised to fight against liberalization at any cost, and then gave up the fight. We can no longer trust them at their face value...
...clubby back-room politics are threatened. A maturing electorate has already shown itself willing to risk its habitual reliance on single-party rule. The emergence of a strong Socialist opposition is certain to disturb the Japanese political debate, complicating management of the country's economy and its relations with foreign nations. It is also likely to plunge Japan into a long period of uncertainty as the country wrestles with political instability for the first time in decades. At the very least, the Liberal Democrats cannot hope to regain their majority in the upper house for at least six years. Some...
...whether it will be enough to right the country's economy is in question. Last week Mexico and 15 of its largest creditor banks said they had reached a tentative agreement under which the country will save some $12 billion in payments over the next four years on its foreign-bank loans; these represent $54 billion of its total debt. Mexico's President Carlos Salinas de Gortari hailed the agreement on television, declaring, "This is the culmination of one of the most difficult, complex and tense financial negotiations ever conducted in the history of our country...
...Estonia to manage their own economies freely, outside the control of central planners in Moscow. Baltic economists say they intend to develop Western-style market economies similar to those in Scandinavia, based on light industry and agriculture and free to sell or barter with other Soviet republics or foreign countries...
...innovation in the Soviet Union. The leaders and the led are inventing it as they go along. But at the top it is essentially a one-man show: Gorbachev handles everything from party conclaves and press conferences to Supreme Soviet sessions to meetings with a stream of foreign visitors. He has looked red-eyed and weary on recent trips to London and Paris, and last week it was reported that he went for three nights without sleep because of the endless meetings. Gorbachev is under terrific pressure to produce the goods, literally, before his time runs out. Many Soviet experts...