Word: globally
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Dates: during 1960-1969
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...before any changes, global or minuscule, would be effected, before that first night's sleep under the nation's most august roof, the Nixons?and the Republicans?had the traditional celebrations to enjoy. At an estimated cost of $2.3 million, the highest in history (borne by the paying guests and the Washington business community), the festivities that started over the weekend with receptions, luncheons and a concert at Constitution Hall, reached a crescendo Monday night with six balls around Washington, at each of which the Nixons were to appear. G.O.P. bashes are traditionally more sedate than Democratic wingdings...
...analysis, computer programming, medical care and other demanding jobs. Given five or ten years in service, volunteers should be trainable to considerable skills, to judge from the experience of Canada and Britain, the only major nations that have volunteer forces. Though these armies are small, not having the great global responsibilities of the American forces, they provide enviable examples of high effectiveness, low turnover and contented officers. Lieut. General A. M. Sharp, Vice Chief of the Defense Staff of Canada, contends that freewill soldiers are "unquestionably going to be better motivated than men who are just serving time...
Most of the world's newspapers practice a "splashy, superficial, thoughtless and tenuous" journalism that offers readers only a "heterogeneous hodgepodge of triviality." After making that harsh generalization in an ambitious new book that assesses the press on a global scale, John C. Merrill, a professor of journalism at the University of Missouri, nonetheless contends that the number of "serious, intellectually oriented journals with cosmopolitan outlooks" is growing steadily. They constitute what he calls "the elite press," and that is the title of his book (Pitman; $7.95). Merrill not only ticks off the top newspapers by name, but also...
...have accounted for a remarkably steady 4% or so of the nation's gross national product. But just keeping lip with the G.N.P. is not getting ahead in the world. Since 1960, the U.S. share of world exports-one of the best measures of the nation's global economic power-has shrunk from more than 25% to around...
Ironically, this year's growth in world trade, the underpinning of global prosperity, has increased the strains on the world's monetary system. Among the countries whose exports have risen fastest are Germany, Italy and Japan, which already have substantial balance of payments surpluses. If the major deficit countries, the U.S. and Britain, actually succeed in curtailing imports and expanding exports, the world's main source of reserves to finance trade will shrink. Under today's monetary system, with nations free to pursue conflicting policies, the world can only look forward to one crisis after another...