Word: third world
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Which countries have the best chance of making privatization pay off? Germany probably heads the list; transforming the eastern economy will be expensive, but the nation will have sufficient capital. In the Third World, countries like Mexico appear to be good bets. The Mexican government directs at least some of the proceeds from asset sales into improving education, health care and a crumbling infrastructure -- investments intended to pay off in future economic development. Using the money to pay off foreign debt, as Argentina has done, seems a riskier course. Unloading national assets without attracting new capital is somewhat akin...
Paranoid friends of mine fear the government's sudden interest in ketchup has a sinister undertone. When the U.S. sets about exporting democracy and capitalism to troubled Eastern European and Third World countries, McDonald's restaurants are usually the first Western institutions established. Are we planning on choking hostile foreign leaders with our special "thicker" ketchup...
...abominations are once again in the category of internal affairs. Which suggests a disturbing line of speculation about Hitler himself: What if the Fuhrer had resisted the temptations of conquest and been content with the real estate of the Weimar Republic to build the Third Reich, complete with gas chambers and ovens? Would the world have done anything about...
When he writes, O'Rourke retreats to a third-floor hideaway in his New Hampshire home. It's a manly place, replete with fireplace, dark wood paneling and mementos of his world travels scattered about. He shows no interest in computers, choosing instead to hammer away on an IBM electric typewriter. Up close, O'Rourke, like many funny writers, comes across as a fairly normal guy. He holds doors open for women, he likes kids, and he's proud of a tangy hors d'oeuvre he fashions from sliced cucumbers, black pepper and the cheapest vinegar...
...want to get involved in Iraq's internal affairs. Never mind that the United States has supported scores of "internal" rebellions across the Third World. The point is that we have also supported one in Iraq. Formally and practically, the United States has "intervened" in the "internal affairs" of Iraq...