Word: outflowing
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...franc in lieu of devaluation. He could apply many of the same remedies that British Chancellor of the Exchequer Roy Jenkins had imposed last week on Britain. He could reduce government spending still further, raise taxes and institute currency and trade controls in an attempt to stanch the outflow of francs...
...current revival of European investment in the U.S.-and not the least is American encouragement. European businessmen can find a California-development office in Frankfurt or go to Brussels to see representatives from Illinois, Ohio and New York. As part of its program to help offset the continuing outflow of U.S. dollars by increasing foreign investment, the Commerce Department last spring set up an office in Paris...
...redevelopment. But most are aimed at small special-interest groups, and if the press reports them, such pronouncements usually wind up in puny paragraphs between the obituaries and the recipes. Above all, candidates give short shrift to many issues because the people themselves are uninterested. Talk about the gold outflow or trade protectionism makes audiences nod and yawn. It is a political axiom, and one of democracy's dilemmas, that only one issue per campaign, or two or three at most, can grab and hold the public...
...Sources. A major cause of the brighter payments picture is the set of mandatory controls that the Johnson Administration imposed on corporate investment abroad last Jan. 1. The controls are designed to reduce the dollar outflow by a total of $1 billion in 1968, and it now appears that they will do so without seriously impairing overseas business expansion...
...corporations figure to borrow, or arrange to borrow, more than $3 billion abroad this year. Because of their success in arranging loans such as these, the total U.S. corporate investment abroad this year is expected to surpass the $10.2 billion it totaled in 1967-without increasing the dollar outflow...