Word: manley
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...promising the redirection of Jamaica's economy along lines favorable to foreign investment, especially American, and the revitalization of the private sector on the troubled island. What pleased Washington even more than the JLP's repentant capitalist slogans was that --temporarily at least--the election did away with Michael Manley and his People's National Party...
...title of Manley's speech was "Multinational Corporations and the Third World," in which he discussed some of the major problems confronting developing countries and their dealings with industrial nations...
...Manley sharply criticized Reagan's Carib bean Basin Initiative plan, calling it a "smokescreen" through which the U S appeared to be giving more aid to its neighboring countries when actually total aid had decreased due to drops in U S contributions to multilateral agencies such as the International Development Association...
...Manley added that there was a tremendous opportunity in the private senior of Third World countries and what was most needed was for Black business men to learn from their own economic exploitation when dealing with poorer nations...
...There is a challenge facing the Black businessmen from America." Manley said "He needs sensitivity and must see that a business venture is a part of the total creativity of a society," he added...