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...legislative priority is successful funding of debt relief for people in the poorest countries," said Summers, who later added that "imports have been the safety valve on a high-pressure U.S. economy...

Author: By Justin D. Gest, CONTRIBUTING WRITER | Title: Summers Pushes for Globalization at ARCO | 9/28/2000 | See Source »

...Indeed, Wolfensohn had become an outspoken critic of IMF policy after he judged that the international lender had actually exacerbated the economic crisis in countries such as Indonesia two years ago by insisting on harsh austerity measures as a condition for a financial bailout - which made the poorest and most vulnerable members of society pay the price for the errors of that nation's notoriously corrupt elite. Wolfensohn on Tuesday even saluted the demonstrators. "I believe deeply that many of them are asking legitimate questions, and I embrace the commitment of a new generation to fight poverty," said Wolfensohn...

Author: /time Magazine | Title: Why Prague Protests Prompt Warm Memories for Some IMF Dignitaries | 9/26/2000 | See Source »

...Hale is an ideal laboratory for the studio's architectural experiment. This region of west-central Alabama is one of the poorest stretches in the nation. The writer James Agee and the photographer Walker Evans passed the summer of 1936 here while preparing their Depression-era classic "Let Us Now Praise Famous Men." While prosperity has come to parts of this area, the region is still dotted with the shacks chronicled in Evans' haunting photographs...

Author: /time Magazine | Title: ARCHITECTURE: Redneck Modern | 9/20/2000 | See Source »

...BENEFITS? The poorest of the elderly would receive free, complete coverage. But those above 135% of the poverty level would have to choose which plan they could afford. They would get a subsidy that wouldn't fully cover premiums and deductibles...

Author: /time Magazine | Title: Issues 2000: TIME Issues Briefing: Prescription Drugs And Medicare | 9/18/2000 | See Source »

...have complete control over the Colombian farmland and can easily hold a gun to the head of a powerless campesino, demanding that he grow the volatile crop. Besides the violent threats of the guerillas, many campesinos have no practical option but to grow coca, for they are among the poorest people in the world. Living in makeshift shacks lacking running water and electricity, the majority are undereducated and depend completely on the tiny amounts of money created from their harvests. Without a government to protect their welfare, the fight to survive and feed their own families inevitably leads to falling...

Author: By Frances G. Tilney, | Title: Funding the Wrong War | 9/13/2000 | See Source »

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