Word: poorer
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...South, and some of those who left retain traumatic memories. But countless blacks are moving to the South, fleeing the Northern cities' high crime rates, high prices and deteriorating schools. For the most part, the people moving South are middleclass, educated blacks, who are better equipped than poorer blacks to take advantage of the region's new opportunities. Some of the new migrants gave their views to TIME Correspondent Joseph Boyce...
...committee devoted to economic matters. Among their proposals: producer associations to get higher prices for basic commodities, detailed plans for trade expansion with the developed countries and cooperation in the establishment of a Third World currency and a development bank. Said the committee: "The developing countries, and particularly the poorer ones, are in a state of total desperation...
...international economic order" in which a greater share of the world's wealth would be directed toward developing countries. Last weekend the fourth United Nations Conference on Trade and Development (UNCTAD IV) adjourned after 24 days of intense bargaining in Nairobi between the industrialized north and the poorer south. Though the less developed countries (LDCs) did not by any means win all their demands, delegates hoped that an eleventh-hour compromise would preserve the fragile climate of cooperation that has characterized north-south, rich-poor economic relations in the past year...
...postponements they had been seeking on the debts they owe to richer nations. The industrialized countries did agree, however, to join them in drawing up common guidelines to be applied to countries on the verge of bankruptcy. The rich countries also agreed to ease the transfer of technology to poorer nations as well as the trade barriers that hamper Third World exports...
...reports, prices of primary commodities (mainly from the underdeveloped countries) declined relative to manufactured products (mainly from the developed nations). A large proportion of third world countries have thus increased their production as much or more than Western nations since 1945, but have grown relatively poorer...