Search Details

Word: willingly (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
Sort By: most recent first (reverse)


Usage:

It is difficult to state the real level of inflation, Eastern style. Even those governments that admit to a low level of "inflation" cook the books and obscure the situation with huge state subsidies that hold down prices of certain essentials. The Soviet Union will spend about $31 billion this...

Author: /time Magazine | Title: Business: How Communists Beat Inflation | 11/26/1979 | See Source »

> Lagging technology. This results in generally low-quality goods that are hard to sell in the West. The inability to export much makes it difficult to buy the advanced machines that could produce goods more cheaply. The debt to the West of the Comecon nations is estimated to be $54...

Author: /time Magazine | Title: Business: How Communists Beat Inflation | 11/26/1979 | See Source »

> Rigid controls. Strict centralization of planning curtails flexibility and produces inefficiency. Last April East Germany set the prices that state industries will pay for raw materials in 1980; there is no provision for the government to pass on to those companies subsequent increases.

Author: /time Magazine | Title: Business: How Communists Beat Inflation | 11/26/1979 | See Source »

Of course, none of these disadvantages will be easily overcome. Since the satellites in the 1980s will almost certainly have to turn increasingly to OPEC for oil, there will be more inflation and shortages. That is causing considerable worry among the commissars. The trade-off for the deprivation of individual...

Author: /time Magazine | Title: Business: How Communists Beat Inflation | 11/26/1979 | See Source »

The enormous Helianthus plant is familiar as the source of those light gray seeds that birds like to peck at and kids love to munch. But what is exciting farmers is a somewhat shorter (5 to 6 ft.) variety that yields a dark brown seed containing a high-protein food...

Author: /time Magazine | Title: Business: Flower Power On the Plains | 11/26/1979 | See Source »

Previous | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | Next