Word: impactful
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Dates: during 1980-1989
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...small upswing in growth is expected to have a mixed impact on the uncomfortable levels of unemployment around the world. In Western Europe, the jobless rate will decline from its current 12.1% to 10.3% by the end of 1987. But no improvement at all is seen for the 13.3% unemployment rate in Britain, which Hans Mast, a senior economic adviser to the Credit Suisse First Boston investment bank, called the "sick man of Europe." In the U.S., unemployment will rise slightly, from 7% to 7.3%, by year's end and remain unchanged for 1987. Across the Pacific rim, jobless rates...
Equally frustrating has been the long wait for a positive impact from the falling value of the dollar, which has declined 26% against an average of major currencies since early 1985. The drop -- engineered in part by concerted action on the part of the central banks of the U.S., Japan, Britain, West Germany and France -- was supposed to make America's goods cheaper in comparison with foreign alternatives, thereby throttling back the country's imports and spurring its exports. That in turn should have curbed the record U.S. trade deficit ($148.5 billion last year), which has crippled many American industries...
Hastings, a native of Kennilworth, Ill., worked as a consultant with a Harvard international development team analyzing the impact of Indonesia's crumbling rice economy on rural incomes and employment in that country, Glamour said...
...deal with top E.C. officials. While the Community did not revoke Spain's new tariffs, it promised to take away their sting. The E.C. pledged that Spain would not reduce its imports of agricultural goods this year. The Portuguese measures, in any case, were not expected to have an impact until 1987. Satisfied that American farmers will not suffer any immediate losses, Washington promised not to proceed, for the time being, with retaliatory actions...
...simple"), Paul VI ("He was able to steer the church through a period of revolutionary change"), John Paul I ("a man of practical common sense") and John Paul II ("Few Popes have had such wide- ranging intellectual equipment as John Paul, and none has had such a far- reaching impact"). Such judgments are quite unexceptionable, but a secular- minded reader will find more of interest in some of the bad old days...