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Panama's short-term ability to get by may be only forestalling severe economic setbacks. Orville Goodin, Panama's Finance Minister, predicted last week that the country's output of goods and services will shrink 20% in 1988 from last year's level. Tourism, which in 1987 brought in $187 million, is practically moribund...

Author: /time Magazine | Title: Short On Cash, Long on Coping | 5/23/1988 | See Source »

...Baker rides out these delicate days with a shoeshine and a smile, convinced that the West, and especially the U.S., has the know-how to produce an era of unprecedented prosperity with peace. "It is not apocalypse now," he insists. If the deficits shrink more and there is no recession ("I see nothing out there to indicate that the economy is not going to keep growing"), then expansion could diminish that specter of a $2.4 trillion debt making hostages of young Americans. Banishing fear is the heart of politics...

Author: /time Magazine | Title: The Presidency: What Friends Are For | 3/21/1988 | See Source »

While Moscow is in no imminent danger of losing control over its non-Russian & nationalities, the problem is likely to become more critical in the future. Today ethnic Russians constitute about 51% of the Soviet Union's 285 million population. That proportion will shrink to 48% by the year 2000 and to only 40% by 2050, mainly because of the high birthrate of the Muslim populations of Central Asia. Russian domination will become increasingly hard to maintain...

Author: /time Magazine | Title: Soviet Union The Armenian Challenge | 3/14/1988 | See Source »

...life within reach of all undergraduates, and sky-rocketing Cambridge real estate values made finding a livable appartment a very difficult task. Furthermore, a new social atmosphere that encouraged students to stay in houses on campus for the "Harvard experience." Not surprisingly, the number of Dudley affiliates began to shrink. By the early 1980s, enrollment had dropped to approximately...

Author: By Spencer S. Hsu, | Title: The House That Wasn't: Struggles at Dudley | 3/10/1988 | See Source »

...result is walls lined with rectangular bindings, multi-colored, multi-shaped, leaving the impression of geometrical shapes--blocks really--sitting on rows of sagging shelves that shrink into the distance down the wall. Kelly recalls instances when books lose their magic amid this anonymity, when their pages and ink disappear into solid volumes of useless weight...

Author: By Spencer S. Hsu, | Title: On Books, Respect, And Time | 2/27/1988 | See Source »

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