Word: rigor
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...devaluing from the first," a move advocated by Michel Jobert, then Foreign Trade Minister. Said Mitterrand: "I felt that he was right. But [Prime Minister Pierre] Mauroy and [Finance Minister Jacques] Delors persuaded me to the contrary." Mitterrand indicated that he wanted to impose a policy of economic "rigor" as early as the spring of 1982. He felt that the "Germans were not ready," an apparent reference to Chancellor Helmut Schmidt's reluctance at the time to undertake a simultaneous revaluation of the mark...
...governing direction. As the politicians mulled over the election results and resumed their intricate maneuvering, there seemed to be no realistic alternative to another five-party center-left coalition that may turn out to be as fragile as its predecessors and lack the cohesion to impose the economic rigor the country needs. Inflation is at 16% while unemployment, at 10%, continues an upward march. More urgent is the necessity to slash runaway public spending to reduce a threatening $60 billion 1983 budget deficit. The prospect of a series of weak coalition governments is already stirring speculation about the need...
...American abstract painting. It sounds like a terrible mess, but it does not cook out that way, for two reasons. The first is the strength of Alexander's imagery; the second, his formal control. Since most neoexpressionist painting is given to conventional signs for intensity but lacks formal rigor (a gut pile without shape), Alexander's work repays inspection...
...austerity measures. In addition to hefty cutbacks in government spending, they included a $285 limit on the amount of currency Frenchmen will be allowed to take abroad and a 1% income tax surcharge to help cover the $1.9 billion social security deficit. To many experts, the emphasis on "rigor" was strangely reminiscent of the policies of former President Valéry Giscard d'Estaing and his Premier, Raymond Barre, an approach that Mitterrand had harshly criticized during the 1981 presidential campaign...
...Such rigor exerts surprising appeal. The university annually receives some 1,000 applications for its 280-member freshman class. Alumni have proved the excellence of Sewanee's education: the school has produced 20 Rhodes scholars, and the percentage of alumni listed in Who's Who is among the highest for American colleges. Readers, writers and publishers who have never heard of the University of the South know of the Sewanee Review, the oldest literary quarterly in the country. In the '30s and '40s it published the works of such writers as Allen Tate, Robert Penn Warren...