Word: investers
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...present high levels, estimated to be 12% to 14% of the G.N.P. What is left will have to be spread more thinly. Says Robert Legvold, an expert on East-West problems at the Council on Foreign Relations: "The Soviet Union simply does not have the resources to invest in all the necessary sectors. The leadership is going to have to make tough decisions on allocations of capital, raw materials and labor...
Gone are the heady days of the '60s and early '70s, when the average annual growth rate of 4.5% allowed the Soviets simultaneously to augment their arsenal, invest in new factories and improve living standards. Says Economics Professor Holland Hunter of Haverford College: "A very stern experiment in industrialization has been under way in the Soviet Union during the past half-century, and it has worked successfully. But this era has played itself...
...RECENT edition of Business Week, a 16-page advertising section full of glossy color photos and long-winded explanations tried to convince American companies to invest in South Africa. "Economy set to surge ahead," claimed the ads, which explained the country "is undergoing a process of adjustment and consolidation...
...Washington conducting a maverick crusade against special-interest bills, Pfeifer began showing strength in the polls. Suddenly PAC money started flowing to the challenger. Says a Pfeifer aide: "More than anything else, a poll will speak to the PAC community. They're like a business trying to invest." One-third of Pfeifer's campaign donations are now from PACs...
Less hurt by the walkout is the Ford Motor Co., which decided earlier this year to become the exclusive auto sponsor of the 1982 World Series for $1.1 million per game. Said Ford Chairman Philip Caldwell: "We anticipated the strike and didn't invest as much in N.F.L. football this season...