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...many years, MITI has tried to keep competition within bounds. The agency generally believes that an industry functions best if it is dominated by a few big firms that can reap the benefits of large-scale production. Nonetheless, Japanese businessmen have frequently ignored MITI'S philosophy and advice. In the early 1960s, MITI tried to persuade the then ten Japanese automakers to merge into two companies: Toyota and Nissan. Only one complied, joining Nissan. Later in the decade, MITI wanted to keep Honda, the motorcycle firm, out of the auto business But Soichiro Honda, the company's legendary...

Author: /time Magazine | Title: Fighting It Out | 8/1/1983 | See Source »

...exception. As he traveled across his native land, the Pope was not afraid to use politically explosive words like "solidarity." But he sought to recast them in ways that would be remembered, and useful, long after the present crisis has passed. Whatever immediate gain the state hoped to reap from the papal visit, John Paul and his church have set their sights on the long term. -By John Kohan. Reported by Barry Kalb/Rome and John Moody/Warsaw

Author: /time Magazine | Title: Poland: Taking the Long View | 7/11/1983 | See Source »

Almost always, it seems, the Mexicans fall into success and then out of it before it does much toward eliminating the country's rampant poverty and underemployment. No sooner had Mexico begun to reap riches from vast new oil finds in the 1970s, for example, than the world's industrial economies became mired in recession, and unneeded oil was squirting out everywhere. Petroleum prices plummeted, deflating the hopes and dreams Mexico had fashioned for itself when it became the world's fourth largest oil producer...

Author: /time Magazine | Title: Mexico Tightens Its Belt | 6/13/1983 | See Source »

...Palais did afford increased seating for citizens of Cannes, who contribute a third of the festival's $1.3 million annual budget and reap many more millions of tourist dollars. The gentry could be generous to films from abroad, including Martin Ritt's U.S. entry Cross Creek, a dewy-eyed swamp drama starring Mary Steenburgen as Novelist Marjorie Rawlings, and Carlos Saura's dance film, Carmen. But for the four French films in competition-Jean Becker's One Deadly Summer, Patrice Chereau's The Wounded Man, Jean-Jacques Beineix's The Moon in the Gutter...

Author: /time Magazine | Title: Show Business: In a Bunker on the Cote d'Azur | 5/30/1983 | See Source »

...Soviets may reap additional solace from the likelihood that the increase is caused not only by an unusually mild winter and early spring, but also by the conversion of recalcitrant farmers. They seem to be at last responding to the initiatives outlined in Brezhnev's controversial "Food Program," under which farmers throughout the Soviet Union have begun to form "contract brigades" that reward members with cash or produce whenever crops exceed a predetermined goal. Says a U.S. expert: "By the inefficient standards of Soviet agriculture, the contract system appears to be a step forward...

Author: /time Magazine | Title: Soviet Union: Taking Root | 5/23/1983 | See Source »

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