Word: westerner
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Dates: during 1980-1989
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...have to deal with the economic consequences of opening up its borders. As goods and labor begin to flow across the Wall, the difference between the strong West German mark and the virtually worthless East German mark will create a powerful black market. Beyond that, East Germany will need Western help to revive its Rust Bowl of antiquated factories. West Berlin's Economic Research Institute says it will cost $250 billion just to bring the country's hopelessly outmoded communications system up to Western standards. Upgrading roads and rails could cost as much or more...
...peace and cooperation -- but also the danger of churning instability. So the questions are piling up: What can the West do to strengthen the democratic movements in Poland, Hungary and East Germany? What sort of relationship can be forged between the former Soviet satellites and the capitalist states of Western Europe? How can the pressure for German reunification be kept in constructive channels? Long range, what is the future of NATO in a Europe no longer frightened by the threat of Communist invasion...
These questions, of course, press on European capitals too. Yet the U.S., as leader of the Western alliance, has both the chance and the obligation to try to frame a coordinated policy. Alas, that calls for a vision of a new European order -- and "the vision thing" has never been George Bush's forte. So far, his Administration has shown no inclination to do anything except stand on the sidelines and cheer. Some Bush officials argue that it is all Washington needs...
...little relation to collecting as it was once understood. They are, quite simply, investment-buying on a huge scale, with limitless quantities of cheap credit: one zaibatsu offers open- ended loans of any size at 7% (3.5 points below the U.S. prime rate) to Japanese who want to buy Western...
With a little help from Western publications, exiled dissidents are again employing fax technology to send their pro-democracy views into China. But last week authorities got the message and ordered all work units equipped with the machines to intercept the transmission of objectionable material...