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Bankers are by nature a conservative breed, and their apparent sway over the IMF seems to be part of a lackluster plan to cut their losses and then get out of the Third World for good. With the potential for real growth still as large as it over was--and the need for it still to pressing--the IMF needs to remain an advocate for the ability of Northern assistance to spur worldwide development. With patience and persuasion it must silence the North's banking interests and rethink what appears to be a mindless swing towards conservatism. Then Third World...

Author: By David L. Yermack, | Title: No Time for Austerity | 10/6/1983 | See Source »

...Tygerberg. Interned during World War II for membership in a pro-Nazi movement, Vorster was named Justice Minister in 1961 and imposed such policies as "banning," a form of house arrest, and detention of dissidents without trial. Elected Prime Minister after the 1966 assassination of Hendrik Verwoerd, Vorster held sway for 13 tumultuous years, his racist government increasingly opposed by riots at home and pressure from abroad. He resigned as Prime Minister in 1978 and left the presidency in 1979 after a scandal involving a government slush fund intended to improve South Africa's image...

Author: /time Magazine | Title: Milestones: Sep. 26, 1983 | 9/26/1983 | See Source »

...founded in 1946 as the political base of the late dictator Juan Domingo Perón, the group has won every presidential election in which it was free to participate. Largely because of Perón's seemingly indelible charisma, the party has had a near mystical sway over a vast poor and working-class constituency. Today, however, the Peronists are torn by factional feuding, an affliction that many members believe could be cured if only Isabel (born Maria Estela) Martínez de Perón, the dictator's widow, would assert herself. Isabelita...

Author: /time Magazine | Title: Argentina: Front Runner | 9/19/1983 | See Source »

...only kept his Diet seat but remained leader of the about faction within the LDP. He can be disarmingly diffident about his influence. "When one is engaged in the same business as long as I have, one knows nearly everything about it," he once said. "One could even hold sway over our party's presidential election by using the telephone and nothing else." Indeed, selection has done just that: he played a crucial role in the selection of his three successors, including Nakasone. Tanaka has retained control of his party fiefdom by dint of his forceful personality and durable...

Author: /time Magazine | Title: Japan: Tanaka-San's Decline and Rise | 8/1/1983 | See Source »

Proponents of divestiture have always been frustrated in their efforts to try to sway the University In 1972. Harvard's primary governing board, the seven-member Corporation, created a student-faculty-alumni committee called the Advisory Committee on Shareholder Responsibility (ACSR) Some, however, have charged that the ACSR has had no influence on the Corporation, but has only deflected student from the board. In fact, it was massive student protests in 1978 that forced the only change in University policy on investments in South Africa. The Corporation said then that Harvard would divest from banks that lent money directly...

Author: By Holly A. Idelson, Compiled MICHAEL J. abramewin, Rebecca J. Joseph, and John D. Selamen, S | Title: Issues of the Day | 7/15/1983 | See Source »

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