Word: western
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Dates: during 1980-1989
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Hungary also struggles under a large foreign debt. But with an economic exuberance that matches Poland's political exhilaration, Budapest is making progress toward recovery. Western visitors who evince any interest in investing in Hungary are likely to find officials knocking at their hotel doors with lists of state enterprises for sale. Hungary now permits its citizens to start large-scale private businesses and hire up to 500 workers. A fledgling stock market has 147 listings. Within three years, half of Hungary's economy is expected to be in private hands. Consumer goods are expensive, but, unlike in Poland, they...
...that guarantees individual rights and the existence of independent institutions -- such as churches, trade unions, newspapers, political organizations, professional associations, private businesses -- that prevent the state from exerting a dominating influence in everyday life. Mark Palmer, America's energetic Ambassador to Hungary, argues persuasively that the U.S. should follow Western Europe's example in shoring up this evolution by creating a web of social, political, business and economic links to the people of Eastern Europe...
...Western experts have long had reservations about Soviet reactor design, but deficiencies may be even worse in the areas of fire prevention, systems monitoring and damage control. The most recent accident indicates that the Soviet navy may be facing another problem common to all sub fleets: long-term stress in aging vessels. The Echo IIs were built in the early and mid-'60s; last week's accident could point to insufficient maintenance...
That charge may be unfair, but it indicates the rising anger toward the Japanese. Until recently, environmentalists focused most of their attention on the U.S. and Western Europe, which are far and away the biggest polluters in the free world. But as Japan has developed into a leading economic power, its impact on the global environment has come under more intense scrutiny. While * Japan has begun to clean up domestic pollution problems, it has not shown the same regard for nature outside the home islands...
...Corporation, the oldest corporation in the Western Hemisphere, is so secretive that it has met with an undergraduate delegation only three times in its centuries-old existence...