Word: planned
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Dates: during 1980-1989
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...problem is that it's not a plan -- it's an idea. What we call the Brady Plan is an extraordinary initiative. It recognizes that debt is a political problem -- one of the major issues of world security -- and not just a matter between U.S. banks and Latin American nations. The Brady Plan has as its basis the reduction of debt and the realization that the countries of Latin America cannot continue servicing their debt in the way the banks have obliged us to up to now. In the past five years, Latin America has paid back the total amount...
...order for the Brady Plan to be more than just an idea, in order for it to work, the decision of the banks ((to reduce debt)) must not be voluntary. The U.S. Government should modify certain banking regulations to facilitate the concessions that the debtor countries are asking...
American public opinion must understand that we are not asking for a gift or for debt forgiveness. We want a system of economic relations that will give us guarantees so we can plan our economies and develop our countries...
...much as 80% in some areas, such as automobiles and tractors. The decrease was a fundamental cause of the great fiscal deficit of the U.S. The recovery of Latin America's economy should have the same significance for the U.S. as Europe's recovery had during the Marshall Plan...
...exploration of Japanese business practices. Yet publications have all too frequently reached for easy headlines and analyses that evoke some of the worse aspects of the yellow- peril era. That is unfortunate. For, to the extent that coverage of Japanese business is reduced to the 1989 equivalent of "Japanese plan invasion of industrial fields," journalism will be that much more diminished and readers that much less informed...