Word: terme
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Dates: during 1980-1989
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Allison says that by its mere existence, the Kennedy School has achieved its first goal of proving that "it is possible to have a professional school of government and put it on a sound, long-term footing...
Speaking at a Kennedy School of Government symposium, Sheik Ahmed Z. Yamani urged all oil-producing nations to prevent fluctuations in world oil prices by establishing a collective price structure based on the long-term equilibrium between supply and demand...
...minister of one of the most powerful OPEC nations, Yamani said pricing by oil producers based only on short-term supply and demand trends led to the dramatic fall in petroleum prices from more than $30 per barrel in 1980 to a low of $9 in July...
...Producers as well as consumers should adopt policies that shun drastic interference in the market forces which may disturb the much sought for long-term stability," he said. "It is only through the acheivement of long-term free market equilibrium that stability can be [attained...
...best way to avoid nuclear war in the long term is to spend all of our efforts, time and ability to try and work out a Strategic Defense Initiative," Weinberger said...