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...private enterprise. Ours is a national democratic revolution and not a socialist revolution at this stage. To transform Ethiopia from a feudal to a modern state we need the participation of all sectors. The role of private capital is quite prominent: private farming accounts for 95% of agricultural production. We have laws and special provisions for private investment. We do not reject foreign investment. It is unthinkable for a country to have substantial economic development in isolation. We have a joint-venture law for the introduction of foreign capital, technology and skills. A number of American and European firms have...

Author: /time Magazine | Title: To Free Ourselves From Backwardness | 8/4/1986 | See Source »

Burma may be the most devoutly Buddhist country in the world, but it is also the Socialist Republic of the Union of Burma: this is the "Burmese way to socialism." In order to work out such a complex destiny, its leaders basically closed the country from its independence after World War II until, in the seventies, a 24-hour tourist visa was instituted. Now tourists are allowed in for seven days--the longest, busiest week of your life...

Author: By Ariela J. Gross, | Title: A Harvard Traveler's Seven Burmese Days | 7/29/1986 | See Source »

...Communists began to look like just another party that would compromise and make back-room deals. In Italy, the party's break with Moscow left voters questioning what kind of program the Communists would put into place. The French Communists' decision to join, then pull out of, a Socialist government had comrades grousing that the alliance had been a tactical mistake...

Author: /time Magazine | Title: Europe's Fading Reds | 7/28/1986 | See Source »

Bastille Day is traditionally a day for the French to put aside their % differences. But no sooner had Socialist President Francois Mitterrand and conservative Premier Jacques Chirac finished their review of the military parade at the Place de la Concorde last week than Mitterrand issued the sharpest challenge yet to the conservative government with which he has uneasily shared power since March...

Author: /time Magazine | Title: France the Troubles Of Cohabitation | 7/28/1986 | See Source »

Chirac and the Socialist forces also pedaled at cross purposes in two other major controversies last week...

Author: /time Magazine | Title: France the Troubles Of Cohabitation | 7/28/1986 | See Source »

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