Word: phasing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Inflation is widely deplored in Latin America-and widely used by governments as a technique to speed economic progress. The theory of development by inflation works in a five-phase cycle...
Last week Argentina, Brazil and Chile were each caught in one phase or another...
Brazil was in the third phase. Buckling under labor pressure, President Juscelino Kubitschek offered Brazilians the merriest Christmas in history-a 60% increase in minimum wages, and a 30% pay boost for the army and government employees, effective immediately. Playing Santa Claus would raise Brazil's record budget deficit of $285 million, but the news of the proposed wage hike ended the recent rash of cost-of-living riots (TIME...
...other phase of Eastern's strike is jurisdictional, an argument between the pilots' and engineers' unions over whether the "third man" in the cockpit shall be a pilot or an engineer (TIME, May 5). Eastern has agreed with the pilots' union that the engineer on pure jets should be a trained pilot also. It is willing to give its engineers pilot training at company expense, but the engineers say this is no help; as pilots, they will be at the bottom of seniority lists, will be laid off if the line starts reducing its crews because...
Another expert, University of Virginia Economist G. Warren Nutter, compared Russian economic growth to U.S. experience at about the same phase of development-between 1880 and 1920-and concludes that in these 40 years the U.S. surpassed Soviet growth in its first four decades. Soviet Russia has scored its most impressive gains in a few key fields such as steel, oil and heavy construction, whereas U.S. productive energies have ranged over a far wider spectrum, and established a much wider base. Assuming a continuous growth in the U.S. economy, Soviet output will still be badly lagging by either...