Word: moneyed
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Dates: during 1980-1989
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...Brady Proposal comes in the wake of almost 10 years of a staunch U.S. policy towards debtor nations: that is, that all the money loaned must be paid back in full eventually. This was one of the parts of Secretary of State James A. Baker III's debt plan...
...problems escalate when nations print more money in order to pay back their debts, causing hyper-inflation. In Bolivia inflation grew to 24,000 percent. The government had to give its employees raises at a rate approaching that of inflation. They only took in taxes at properties assessed at the previous year's rate. For this reason, countries found themselves in even worse financial straits, with rapidly burgeoning deficits...
...Every institution [at Radcliffe] is in need of money," said Anne Colby, director of the Murray Center. The gift "means that we will have the money to support more research. Doctoral candidates who want to use our data can be provided with funds or small grants. We can have lots more workshops and education programs on people...
...have lots of thoughts about what programs we want. We would like to expand. We have proposals. But the final decision about what to do with the money will be up to the Radcliffe Board of Trustees," said Colby...
...recent years, the Kennedy School has drawn increasing criticism from both insiders and outsiders for its heavy emphasis on media attention and money instead of on scholarship...