Word: reform
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Dates: during 1980-1989
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Still, some analysts saw the meager sums as a symbol of the relative decline of America's economic clout. A top Administration official traveling with Bush conceded, "Sure, we could do a lot more to encourage economic reform in Eastern Europe. But we don't have the money. We are broke." Says Michael Mandelbaum, a Soviet scholar at the Council on Foreign Relations: "The foreign policy fruits of Reaganomics are that we are the world's largest debtor nation and have a budget deficit that constrains what we can spend...
Bush chatted with kids and patted dogs, but there was some serious talk when he and Walesa strolled alone. Walesa had said he was not ready to run for President of Poland, but Bush reportedly reminded him that if successful ; reform was to occur, somebody should be ready to lead. Walesa poured out his hopes for luring $10 billion in investments to Poland, a vague scheme of venture capital that caught the fancy of the former Texas oil entrepreneur...
...their uncertainty about how to untangle their political and economic messes. "We are where you were in 1776," Hungary's party president, Rezso Nyers, told Bush. "We need a currency that is convertible. The question is, Can we get it fast enough to keep things moving? We know that reform means instability in the Soviet Union, Yugoslavia, Poland and Hungary. At the same time, we know we need foreign capital. Most basic is, How do we reform the thinking of our people who for the past 40 years have not been told how the world works...
...ambitious politician, a crisis can also be an opportunity. Cast in the sympathetic role of a reformer, Kemp could ride the current wave of unsolicited attention into a bright political future. Though he has appointed , a deputy to ride herd on the reform effort, it is Kemp who will be judged by the results. And an image of Mr. Clean -- or even better, Mr. Cleanup -- would look fine in 1996, if nimble Jack can pull...
Instead, the government made clear it plans to continue rounding up anyone involved in the seven weeks of protests for freedom, democratic reform and cleaner government. A report in the Communist Party newspaper, the People's Daily, said those who surrender will get lenient treatment...