Word: plan
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Dates: during 1950-1959
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...remind Western Europe and Japan that the Marshall Plan days were long since over, Anderson last month took the dust-stirring step of announcing that henceforth dollars lent to underdeveloped countries by the U.S.'s own Development Loan Fund (outgo: about $550 million a year) must be spent in the U.S. Protests rang out that Anderson was dragging the U.S. backward with a protectionist "Buy American" program (TIME, Nov. 9). But Anderson's essential purpose was to force Western Europe and Japan into providing loans to finance their own exports to underdeveloped countries. He would be happy...
...masters. In 1957 the Muhutus even formed their own political party. The Watutsis in turn also organized, began badgering Brussels to give them autonomy at once while they still had the Muhutus firmly under their thumb. The last thing they wanted was for Brussels to push through its new plan to set up elected parliaments in Ruanda and Urundi and turn the two territories into constitutional kingdoms...
...tidy, it's an administrative nightmare," said the director. "But it works." The Colombo Plan, with a tiny staff of clerks, is a kind of clearing house for economic relations between 15 "recipient" nations of Southeast Asia and six "donor" nations-the U.S., Britain Canada, Australia, New Zealand, Japan, Since the plan was started in Ceylon nine years ago, primarily as a mutual-aid forum of ten British Commonwealth nations, it has become the accepted regional headquarters for development plans affecting a quarter of the world's population. In that time $6 billion in foreign aid has been...
Last week the plan's Consultative Committee met in Jogjakarta, Indonesia. That aging nationalist spellbinder, President Sukarno, opened the session with an oration proclaiming that Asians should reject everything from the West except its money. Asian as well as non-Asian delegates found Sukarno's program dated tiresome and useless. "The time has come for us to think less of the colonial past and more of what tasks in fact lie ahead of us," said Ceylon's Finance Minister Stanley de Zoysa, to the biggest applause of the session...
...increased understanding of their own motives because they have learned to understand the new nation better, and the new nations themselves have gained in political maturity. The harsh spirit of Bandung was hardly detectable among the delegates who in Jogjakarta last week enthusiastically voted to continue the Colombo Plan until...