Word: reporter
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Dates: during 1960-1969
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Ransom Notes. So far, the money has been moving on what the Pearson report calls a somewhat sloppy "trial and error" basis. The have-nots have made an art of what aid experts call the "ransom note" approach (hinting that they will warm up to Moscow, say, if the U.S. starts getting stingy). The haves play "puppetry" with the strings they attach to aid deals (the U.S., for example requires aid recipients to oppose the seating of Red China...
Such an approach does not always pay off, at least not to the degree of the 'postwar Marshall Plan in Europe. "Aid for development," says the Pearson report, "does not usually buy dependable friends." Then why give at all? On the simplest level, the report stated, "it is only right for those who have to share with those who have not." Then again, the report notes, "we live in a village world," where concern with problems at home and abroad is becoming "a political and social imperative." Strongest of all is the pragmatic argument that aid-fostered development will...
Both the Pearson report and a recent study by the Manhattan-based Committee for Economic Development recommend that much more aid be channeled through multilateral agencies like the World Bank; only 10% flows through such bodies at present. Another Pearson recommendation is that countries increase their aid to seven-tenths of one percent of their gross national product in five years. In the U.S., that would mean an annual foreign aid outlay of $8 billion by 1975. Even if Nixon seconded that motion, which is virtually unthinkable, there is no chance that Congress would go along...
...have managed to achieve yearly growth rates of 2% or better in per-capita income, despite sharp population increases. Pearson's goal is a growth rate of 6% throughout the next decade, and "self-sustaining" expansion for most of the underdeveloped countries by the year 2000. If the report's proposed aid increases are adopted, and if population growth can be held down-two enormous ifs -they might make it. If not, Pearson's "village world" may be an even more dangerous place in which to live than it is today...
...equipment. The country's primary exports, including timber and Prague ham, are in short supply. Another reason for the export decline is the increasing shoddiness of Czechoslovak goods. A survey of fac tory managers showed that two-thirds of them give priority to the home market because, the report said, "the people are not selective." The men in charge of the economy vigorously protest the refusal of the U.S. to grant Czechoslovakia most-favored-nation tariff treatment. By stimulating sales to the U.S., such a step could give the Czechoslovaks a psychological as well as an economic lift...