Word: japanization
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Dates: during 1990-1999
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After taking the '97-'98 year off and spending time in Japan, Harlow returned to Harvard briefly this summer, providing Eliot House office with his new Japanese address and phone number, just in case they might want to drop him a line. "In June I informed people that I wanted to be in the House," he says...
...Treasury Secretary Robert Rubin, sitting next to Greenspan, stuck mainly to his good-cop stance. After the traditional call for Japan to take "swift, strong fiscal action," Rubin went back to doing the administration?s business -- trying to squeeze IMF funding out of the House as soon as possible. Indeed, both men ?- who these days are not-so-laughingly deemed the last two viable leaders in the economic world -? remain convinced, even as the contagion continues to spread, that their bitter-pill regimen is the only way to go, not only to cure today?s ills but to immunize economies...
...food and hourly update themselves on the news--are worth mention now as the international picture continues to look more threatening. With governmental woes stretching from the United States to Russia, much of Southeast Asia in revolt or under water and North Korea sending a little surprise birthday present Japan's way, perhaps professors in other parts of the world will also start sitting quietly after a loud backfire and listening for sirens. Living in the half-century of truly global war, and a decade of unprecedented terrorist attacks within the United States of both homegrown and imported evil...
DIED. AKIRA KUROSAWA, 88, cinematic visionary whose visceral and visually compelling films integrated Japanese culture into the global movie idiom and inspired a generation of Western directors; in Tokyo. Rashomon (1950), the tale of a murder seen four ways, first brought him fame outside Japan, its title now a byword for the fragility of truth. Even as his samurai epics like Throne of Blood (1957) and Ran (1985) borrowed from the West, particularly Shakespeare, movies outside Japan borrowed from him: The Seven Samurai is at the heart of The Magnificent Seven; The Hidden Fortress is concealed in Star Wars...
...stalled growth abroad, and warned that U.S. prosperity was threatened by Congress's decision to reject new IMF funding. Unfortunately, economic intervention requires a political will that may be lacking among the major players. "The crisis demands a response on the scale of the Marshall Plan," says Baumohl. "But Japan is paralyzed, Europe is cautious and Clinton's presidency is weakened. They're unlikely to muster the political support for the spending required by such a plan." With the effects of the global downturn looming just over the U.S. horizon, Clinton's '92 campaign mantra sounds more current than ever...