Word: reformations
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Dates: during 1960-1969
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...Chancellor's ambitious plans for the formierte Gesellschaft face formidable obstacles. Under the German constitution, such fiscal reform would have to be approved by the Lander, then gain a two-thirds majority in the Bundestag. Erhard is the first to admit that his ambitious proposals cannot-and should not-be imposed on the nation by fiat. Instead, he contemplates the use of simple public exhortation to civic responsibility-the Seelenmassage (soul massage) that he has used for years to win over West Germans to his programs for social betterment through economic reforms...
...Incentive. Quality reform in East Germany, Czechoslovakia and Poland has begun to improve many goods. Managers have been ordered to produce goods that the domestic market needs and foreigners will buy. Some Czech factories had their state subsidies slashed and were told to fend for themselves in the market-either to make a profit or face bankruptcy. The Eastern bloc is aware that it will have to continue improving quality if it hopes to increase its trade with the West but finds it difficult to give incentive and motivation to workers in socialized industries. No one is better aware...
...through this alteration of drawing in and then aggressively moving out. This 'Mao dynasty' seems to be one of the aggressive ones -- I mean, why take self-determination from the poor Tibetians?...I understand that 60% of the Vietnamese land is still owned by the old landlords. Really! Land reform ought to be put through at once. We have to give the peasant a stake in his own country -- something to fight for...I think the Mekong power scheme is terribly exciting. It's one of the world's great power sources and the whole area could benefit from...
Until recently, France has insisted that the most important problem with the present system is an inflationary excess of reserves, particularly in foreign holdings of dollars. They have demanded that the U.S. and Britain must achieve "a lasting balance" in their payments as a pre-requisite for reform...
...basic goal of monetary reform. Therefore, is to find something that other countries will agree to hold in their official reserves as confidently as they now hold gold, U.S. dollars and British pounds...