ELF Sponsors "Bizarre Bazaar"by Mark SOverman

One man's donation is another man's treasure. AH sorts of treasures will be sold October 19 at the Student Emergency Loan Fund Bazaar between 9:00 and 4:00 in front of the Housing/Finan­ cial Aids Office.

Donations are secured from students in transit to other cities or between rooms. The variety of donations is amaz­ ing and must be seen to be ap­

preciated. Unbelievable prices prevail. Books, clothes, even a pair of skis and a color television are among those things for sale Free beer will be served. Both the AGSIM Pub and the ASLC have generously donated one keg of beer each as their contribution to the ELF Bazaar's success.

All money generated from the sale will be placed into the Emergency Loan Fund which is accessible to any student for

amounts up to J50.00. These amounts can be secured in less than a minute, and must be repaid within an month's time. Of the hundreds of students who have tapped the ELF reserves, never has anyone defaulted on a loan.

Louise Giff ord, the director of Financial Aids, dreamt up the idea and has nurtured it through the years, spending a great deal of her own time. and even her own money on

the ELF fund and its "Bizarre Bazaar." According to a re­ cent ELF loan recipient, "Mrs. Gifford bent over backwards to do everything possible to help me out of a jam." He continued with "This is the only place in the world where you can waft in with an emergency-sized pro­ blem and waft out with a fifty dollar check and know that somebody really cares."

Help other students while

helping yourself. Buy mat you need for a fraction of the price they would cost new and recycle things somebody else can use. The ELF Bazaar is for your use. directly and in­ directly.

Don'1 miss it! In case you have some treasures you would like to donate, drop them by Mrs. Giffortfs office. She will appreciate them and so will your felkw students.

ctas^HAmerican Graduate School of International Management

Vol. 8 No. 30 October 12,1979

IDB Promotes Cooperation in Western HemisphereBy Sof Oo*rfl«T

To promote economic development of Latin America through the develop­ ment of projects, the Inter American Development Bank was established in 1959 with 19 Latin American countries and the United States as members.

Speaking to a crowd of over 200 in the Auditorium Oct. 1, Calvin DePass, IDB representative from Washington, D.C. said that ties between the U.S. and Latin America are not only concerned commercially but also culturally, due to the Hispanic heritage existing in the U.S. today.

Since 1959 the IDB has grown in size,

«,»* tm.f.^*, * A •*•_*

..bean islands becoming members in the mid-60's, and Yugoslavia, Israel, Iran and 12 Western European countries becoming members in 1976. Until 1975. to be an IDB member, a country also had to be a member of the Organization of American States. Today, there are 41 IDB members, with two pending ap­ plications from Portugal and Surinam.

Once a country joins the IDB, DePass said, it agrees to pay a certain amount of money over a specific time to pro­ mote the projects. At the 19th Annual Board of Governors meeting in Van­ couver this past year, it was agreed that $9.8 billion would be deposited over the next four years to cover the loans to the Latin American Countries.

Besides the member country

collecting money. DePass said, through placing bonds on the market, turning to the private sector for investment, and selling early maturities of the projects and loans already begun to financial in­ stitutions in the United States, so that the IDB can finance other projects.

Fifty per cent of the lending done bet­ ween 1979 and 1982 will be dealing with the lesser income sectors of the coun­ tries, thus generating employment in the rural and urban areas. DePass said. Approximately one-fifth of the loans will be to projects concerning energy, one-fourth to export generating or irn- ixart suijsuuuion, and the remainder to sectors which represent control of the economy, be said.

To determine the validity of a pro­ ject, the IDB looks at whether or not it is feasible and what the expected benefits will be, be said, not the debt service ratio of the country.

The primary sources for money of the IDB are ordinary capital and the Fund for specific Operations, be said, but the bank also has trust funds, namely the Social Progress Trust Fund, created in 1961, and the Venezuelan Trust Fund, set up in 1975.

Three types of loan projects are usually developed for helping the Latin American countries, he said. The "directly productive" area includes loans dealing with agriculture and in-

.

these agricultural projects historically equalled 22 per cent of the total, but in 1978, the figure was 13 per cent. Historically 16 per cent was lent for in­ dustry, but in 1978. the figure rose to 17 per cent.

Under the "economic infrastructure'' area, come the energy and the transport and communications loans. Traditionally, energy loans amounted to S per cent, but in 1978 they rose to 4! per cent. Transport and communica­ tions decreased from 14 to 10 per cent last year,

The last area of development is the "social infrastructure , which includes sanitation, urban development, educa­ tion, pre-investment, and tourism.

C<% > * %( «.•~*uiu "•» it%

historically to 8 per cent, urban development decreased from 4 per cent to none, education rose from 4 to 5 per cent in 1978, and tourism and pre- investment levels were at 2 per cent in 1978.

The voting power among the IDB member countries is based on owner­ ship of stocks, DePass said To pass a project dealing with the Social Pro­ gress Trust Fund, a majority of ap­ proval votes are needed, whereas to pass a Special Operations project re­ quires two-thirds vote, he said.

The Latin American countries have 56 per cent of the voting power; and the non-regional countries comomed nave 5 per cent, be said.

Sheik Yamani to Speak at AGSIM

How Was the Pie Divided?By Brooks Tigner

After much debate and deliberation the ASLC dob Council has finalized its dub allocations for the fall semester 79. Along with the recognition of several new crabs, the Council increased the number of its representatives to the ASLC Council Board from three to five members.

The former funds allocation system a rotary scheme with each club moving up the "ladder" each semester was abolished and replac­ ed with a new system whereby each dub (30 at present) is ranked via closed ballot by an the club council represen­ tatives according to its particular needs. This should result in channelling funds to those dubs that are deemed to offer the largest benefits to the most number of students.

The following summarizes the Club Council funds allocated, by ranking, to date:

9. Africa10. Arabic11. Colorado12. Marketing13. Chess Total

150.00 200.00 221.00

70.00 20.00

$2,350.00No other allocations were made due

to either a lack of requests or lack of re­ maining distributable funds.

By Jim FirnsUhlUsed to be few people knew who

Saudi Arabia's Minister of Petroleum was. Fewer still were interested in what be had to say. But ever since the late 1960's when the world oil demand curve began competing with the supply side. Sheik Ahmed Zaki Yamani has had no problem attracting the attention of the press or government officials. In­ deed today, when the Minister of Petroleum for the world'f largest ex­ porter of pertroleum crude speaks, the world listens.

On Oct. 22 Sheik Yamani will visit AGSIM to receive an honorary Doctor of International Law degree from the faculty.

Mr. Yamani for his part usually speaks in firm yet moderate tones. At tunes be walks a thin line between OPEC and the oil importing countries. As an Arab oil minister be knows full well the power that "oil leverage" can bring to bear on the United States and subsequently on Israel and the Palesti-

1. Asian2. German3. Spanish4. Portuguese5. Radio •.Texas7. Islanders8. French

$300.00300.00300.00

85.0024.00

280.00200.00200.00

Lost Thursdoy «v«ning at tt>* Cor««r Services C«nt*r. tight to t»n call»n, t«n support staff ond a "cast of thousands" m«t to fOis* ov«r 5100,000 forth* school in on effort to match th» Krctg* Grant during th» Thundcrfcird Colling Phonothon which tak«* plan

th» whol* month of Oct.

man problem. The world became aware of that power during the 1973 oil em­ bargo.

At the same time Sheik Yamani is aware that Saudi Arabia's economy is dependent on the health of the economies of the Western nations. The vast planning and construction projects underway in Saudi Arabia today re­ quire expertise and material supplied by the west And it is no secret that as large as Saudi Arabia's oil reserves are, they are limited. The future of Saudi Arabia is in a very real way link­ ed to the West This link to Western democracies is further strengthened by Saudi Arabia's historical anti- communist stand, a stand which in­ evitable causes problems for Mr. Yamani whenever he meets with other pro-Russian Arab oil ministers.

Yamani himself has been painted by the Western press as a "moderator" of prices in the OPEC organization. Today Aramco (The Arabian-American Oil Company) charges $18 / barrel for. light crude whereas the ma jority of the OPEC countries are charging over CO/barrel with some countries such as Libya charging $23.50/barrel.

In addition to holding the line on oil prices, Saudi Arabia increased oil pro­ duction by l million barrels a day as a temporary measure to alleviate tight supplies this past summer.

Mr. Yamani's opinion and expertise is highly regarded within King Khaled's govemmant He has been Minister of Petroleum since bis appointment to that post by King Faisal in 1962. Born 49 years ago, be is the son of an eminent religious judge. Zaki Yamani graduated from the University of Cairo with an L.LD. degree at the age of 19. He came to the United States in the mid USD's and studied comparative law at New York University and Harvard From 1958 to 1962 Yamani was the Legal Advisor to King Faisal's Council of Ministers.

2 DM TO! October 12, IfTf

do/

Sijfribaticf; Monogw

"The Get*"erf The American Graduate Sdwo! of International Nmageamm

Oendate, Arizone 85336

Susan DoerflerBrooks TignerSon-fong Van

trv Voughn Jean-Marie Nguyen

Enrique Meiicn StaffBrooks Tigner SI! SparksJim FimstcW Timothy O'ShoughnessyAnito Sof

Young

Dos Tor is on independent campus newspaper os the American Graduate School of IrrTemctiooo! Mmogement, Opinions expressed we not necessarily rtiose of the Das TV staff.

Letter to the EditorDear Editor,

It is a reasonable assump­ tion that the administration of a graduate school of manage­ ment would know something about the management of money However, this does not appear to be the case. This summer's renovation of H dorm has degenerated into a comedy of errors. When we first complained about the shoddy furniture, lack of air- conditioning, broken mirrors, and inadequate maid service, a flurry of activity ensued. 1 regret to say that the ad­ ministration's action on the matter has consisted of token gestures and remedies which show a frightening lack of foresight.. Our bathrooms were clean­ ed not once, but twice that week. The couches and chairs

were replaced by others equally dilapidated. Many of the new mirrors have broken again. Our new desks are lilliputian. and so poorly made that they will have to be discarded in a year or so The design of the air-conditioning system is a disaster.

In all fairness ! will say that I do appreciate the bookshelf, the desk lamp, and the SB) re­ fund. What 1 do not appreciate is the administration's at­ titude toward the situation, which is: "it has been taken care of, we don't want to hear any more about it." 1 also can­ not overlook the mismanage­ ment that has led to this deplorable waste of our money. In other words, you blew it guys, admit it!

MeiindaC.Tabler H-6

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Letters to the EditorTo The Editor:

Steve McCluer in his article"Do You Need Legal Help"

writes of certain legal pro­ blems. "These are not the dements of a Pygmy arose."

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If the reference bad been to a Chicano. Arab or Jewish curse, there would be sparksflying on campus, in the unlikely event that the com­ ment had gotten past the editor at all.

So let me raise my voice In def ense of the humanity of the Mbuti people of Central Africa, commonly referred to by the uncomplimentary Pygmy. Tbe racial stereotype implied in the article has no basis in fact. In the simple Mbuti social structure con­ flicts are rare and are resolv­ ed by group consultation. Tbe ' use of witchcraft against per­ sons is unknown.

Sincerely, Ralph Wagner

As a returning student hav­ ing graduated in 1970 with a BIM (Bachelors International Management) and currently employed with a foreign na­ tional organization, have I noticed changes at T-Bird? This question has been asked of me by faculty members and fellow students.

Academic course structures have developed and been fine­ ly interwoven into a pattern of World Business, International Studies and Languages created as a continuing policy of placing highly educated, well prepared junior ex­ ecutives and "Key Men" in world international trade and finance organizations. Em­ phasis on flexible decision- making based upon detailed operations is achieved by both "breadth and depth" ap­ proaches in all courses.

Does AGSIM achieve its goal as regards each graduate when be or she begins work on their first executive level employment? I believe it does, for T-Bird -prafsisas £T!i teaches some basic fundamen­ tals that are ever present in practical everyday interna­ tional commerce and finance:

1. Know the job thoroughly remember you're com­ peting.

2. Pay ever so dose atten­ tion to details they're what make all businesses tick.

3. Be consistent and honest while flexible and practical (it's an art).

4. Socialize Whom do you know on the top? How well?

Exporting and importing are all nations' long-term goals, be they developing or developed, and T-Birds are trained to do both well and at a profit, nationals and foreign nationals alike.

A lot has changed at AGSM and as school, faculty, student body all continue to develop becoming more and more world reknown for quality training, each of us carries a commitment and responsibili­ ty remembering always where we were first exposed to work! operations in com­ merce and finance. How each of us got our start through the combined efforts of an ad­ ministration personnel, facul­ ty and of particular impor­ tance, Career Services Center's patience and orienta­ tion helping us put our Best Foot Forward.

Jim Best

Due to the unusual number of advertising sponsors this week, available space for ar­ ticles, etc. was reduced.

The Summer 79 issue of the Thunderbird Magazine is available for students in the Alumni Office. Drop by and pick up a copy.

ByMarkYooagNow here is a travel destina­

tion that is truly off the beaten track: exciting and not-so- remote Pakistan. Thousands of students make the overland trek through South Asia each year; many take advantage of an excellent opportunity com­ mencing in London, The Magic Bus Company, Ltd. 637 Holloway Ed.. London Nis. will take you on a truly no- frills excursion all the way to New Delhi, for the incredible price of $100. From my first­ hand experience working in the travel industry in London. I recommend this option highly.

The typical route leads through Western and Central Europe, then Istanbul, Teheran, Kabul and...

After descending through historic Kbuyber Pass from Afghanistan, the first sizeable city is Peshawa. This is the hometown of AGSLM student Saleem Yaqub, who gave me some fascinating insights into northern Pakistan. It seems visitors to Peshawa can ex­ pect to be fulfilled religiously. gastronomically and economically! They will be struck by the beauty of the Mohabbet Khan mosque, and can then enjoy a light snack of iikks !a skewered roasted meat) at the nearby Bara Market The famous Ohissa Khanni bazaar is a veritable shopper's paradise, offering beautiful handcarved wooden tables inlaid with camelbone, silks, onyx... But do not forget to bargain!

Peshawa also serves as a good jumping-off point for treks into the quasi-Alpine splendor of North Pakistan. This section of the Himalayas

-boasts the world's second- highest peak, as wen as the breathtaking Kaghan valley and lovely Lake Saif-ul- Muluk. A popular destination is the Swat Valley, home of a unique, extremely indepen­ dent mountain people. And, if you really get into this, you can even rent a dirt-floored but with a passing stream for about $5 a month.

Traveling south towards New Delhi, one encounters the city of Lahore, known for its beautiful Muslim architec­ ture. Here Saleem especially

the

Travelogue: Overland Through PakistanOctober 12. 1*7? DAS TOt 3

Mosque and the Sbalimar Gardens, built by Shah Jahar, architect of the Taj Mahal. Also, the famous canon "Zam Zam", from Rudyard Kipl­ ing's "Kirn". Good student lodging is available at the Salvation Army on Queen's Road; the suggested restaurant is UK Cathay on

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the MaQ Road. The chief drawback in Lahore is the train station, which is. like the train system in general, generally immensely over­ crowded and not too pleasant.

Pakistan's most well-known city is the seaport of Karachi, in the south. I spoke with Ayesha Hinshaw. who tells travelers to avoid the tourist traps! Of course, one should

visit the bazaars, the gold market and especially the Saddar Cooperative Market (excessively handicrafts); but a far more enriching ex­ perience can be found in a visit to a Muslim shrine, where one can discover a whole new aspect of <he Pakistani people. One word of caution: head and legs must be covered before entering

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these sacred places.One of Ayesha's favorite ac­

tivities when home ui Karachi is to rent out a boat at night in the harbor. For about $20. a fisherman will take you on an unlimited harbor cruise: enroate be wiQ catch and cook fresh crab for his guests. Another excellent dining alter- native is the Golden Horseshoe Restaurant on Drigg Road in Karachi. Here. be sure to sample some of the delicious native foods. Biryam. for example, or Tan- dun chicken (marinated in Yogurt and spices 1 . Also in this neighborhood are some

superb Chinese restaurants.Six miles from Karachi, in

the province of Stndh, is the village of Mobenjo-Daro Set­ tled by the Dravadians about 5000 'B.C.. this has been preserved more or less in its entirety. A little further out in Sindh lies the Makli graveyard, from the time of Mahmud Gbaznavi. Here there- are no headstones; only exquistely carved tiered sepulchres

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4 — DAS TOt — Oc»ok«r 12, IfTf

Vaughn's Volleysby Irv V.nghn

Thii month'* sports ac- OYitJe* wilJ include football, basketball, tennis M well *s the Athletic Department's Mini ThundfTbird Road Race Flan are now being for mutated towards (his semester's golf outing and it seems everyone is gunning for GeneLavdle

Ray BagiMki reports that the noftball tourney is winding down with the Blue Jays ted by Jay Done van and Nancy Hartenstein who both have cruirnpwrtKhip fever i hope everyone has noticed the new soccer uniform* they seem to increase the excitement since the players - and crowds - know who is on which team It seems as though more* and mow people are using the weight room these days

Rugby Game Tomorrow

If you enjoy a touch of th« in­ ternational and an exciting spectator sport then join the Kacftma Rugby Ciyfa ««> tiiey open the home season tomor­ row at 1:00 when they play against the newly formed private Cameiback Club.

The Kachina Rugby Club, which has been finely honing its skills with twice-weekly practices and promises to display a truly remarkable rugby juggernaut Featuring such players as Sean "The Knee" McDonald and Maco "Pretty Boy" Fowlkes, the Fall Kachina rugby squad should try for regional honors.

Turning to a social note, the "" Tftiwelser "Brewery." tnroogtt

the good offices of Mr. Tom Conley, has agreed to supply the Kachina Rugby Club with two kegs of free beer. So take a break from the mid- semester doldrums, cheer your rugby club to victory and join us at the party following the game.

Career Day: Prepare Early For That JobThe following schedule

outlines the program for this semester's Career Day, to be held in the auditorium on Saturday, October 20. 1#9. 8:30 - 9:00 - Coffee and

Doouts 9:00 - 9:50 "Preparing an

Effective Resume" - Pro­fessor John Lindboltz

9:50 - 10:00 - Break 10:00 - 10:50 - "Dress for Suc­

cess" - Goldwater's 10:50 -11:00 -Break 11: 00 -11: 15 -Mock Interview

-Finance 11:15 - 11:25 - Explanation -

questions and answers 11:25- ll:40-Mock Interview

-Marketing 11:40 - 11:50 - Explanation -

questions and answers LUNCH

Career Day is open to all students.

Country CleanLaundry and Dry

Cleaning 938-9428We wash for you

And minor alterations.

13820 It. 35tt An.tarns Frag

ProfessorsMills and Hwthcotte are ex- cited about tMs semester's Student-Faculty softbail game, since the teachers pull­ ed out a victory last spring with the aid of the ever- hustling Dr Voris. This writer feel* that things will be dif ferent this time This week's student athlete features Keith Curtw.

Keith Curtis Second Semester

Education Dickjnson Col­ lege. Carlisle, Pern, May. 197* graduate, major Inter­ national Relations, in Soviet Area Studies

Sport*: Cross country runn­ ing, junior IAC champion Track 1 and two mile Vanity Soccer Sophomore year

Interest: Mountaineering and rock climbing. Has ascended to base camp An- nupurnu »:A. altitude, 1S.SOO feet. Climbed Mt. Wnitney. rock climbing in the Seneca

Rock* of Wo* Virginia, and the Gunk* to New York. Ate

^^V^pv^^^v* Hi^BBplK

TherewulbeaviHtafatettsi fi'OBi iftfflnTi Base IB Pittsburgh, PenosyJvania, beaded by David

spekmkmg, and voBeybail Was captain of the Summer 1979 VolJeyball Champs Abo swimming. soccer, wiling, and intellectual games, like bridge and chess Enjoys the AGSIM interaction and the Phoenix nightclubs i especially Jazz musicians/

Would like to live m the nor­ thwest area or Japan, because of the mountains

International Mr. Allisoa is a former graduate of Thunderfaird.

The team presentation *nU b* the evening of Oc­ tober 17, Wednesday, from 0:30 - 3:30 p.m. in the Auditonnm wtach has been resenred.

Mellon Bask ma here last year and the pro­ grams were wcD received.

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4 — DAS TO! — Odob«r 12. M7f

Vaughn's Volleysby Irv V.ngkn

Athletic DirectorThis month's sports ac­

tivities win include football, basketball tennis as well as the Athletic Department's Mini-Tbunderbird Road Race. Plans are now being for­ mulated towards this semester's golf outing and it seems everyone is gunning for GeneLaveUe.

Ray Baginski reports that the softball tourney is winding down with the Blue Jays led by Jay Donovan and Nancy Hartenstein who both have championship fever. I hope everyone has noticed the new soccer uniforms; they seem to increase the excitement since the players and crowds know who is on which team. It seems as though more and more people are using the weight room these days.

Rugby Game Tomorrow

If you enjoy a touch of the in­ ternational and an exciting spectator sport then join the Kachina Rugby Cluo as they open the home season tomor­ row at 1:00 when they play against the newly formed private Camelback Club.

The Kachina Rugby Club, which has been finely honing its skills with twice-weekly practices and promises to display a truly remarkable rugby juggernaut. Featuring such players as Scan "The Knee" McDonald and Maco "Pretty Boy" Fowlkes, the Fall Kachina rugby squad should try for regional honors.

Turning to a social note, the "BudweTser UieWw y, turuugli the good offices of Mr. Tom Conley, has agreed to supply the Kachina Rugby Club with two kegs of free beer. So take a break from the mid- semester doldrums, cheer your rugby dub to victory and join us at the party following the game.

Career Day: Prepare Early For That JobThe following schedule

outlines UK program for this semester's Career Day, to be held in the auditorium on Saturday, October 20, i$9. 8:30 - 9:00 - Coffee and

Donuts9:00 - 9:50 "Preparing an

Effective Resume" - Pro­ fessor John Lindholtz

9:50 -10:00 - Break 10:00 -10:50 - "Dress for Suc­

cess" - Goldwater's 10:50-11:00-Break 11:00-11:15-Mock Interview

-Finance 11:15 -11:25 - Explanation -

questions and answers 11:25-11:40 Mock Interview

-Marketing 11:40 -11:50 - Explanation -

questions and answers LUNCH

Career Day is open to all students.

Country CleanLaundry and Dry

Cleaning 938-9428We wash for you

And minor alterations.

13820 N. 3Stti Aw.Across Fn» 19 (MOM

ProfessorsMills aod Heathcotte are ex­ cited about this semester's Student-Faculty softball game, since the teachers pull­ ed out a victory last spring with the aid of the ever- bustling Dr. Voris. This writer feels that things will be dif­ ferent this time. This week's student athlete features Keith Curtis.

Keith Curtis Second Semester

Dickinson Col­ lege, Carlisle, Pena, May, 1976 graduate, major: Inter­ national Relations, in Soviet Area Studies.

Sports: Cross country runn­ ing, junior IAC champion. Track 1 and two mile. Varsity Soccer Sophomore year

Interest: Mountaineering and rock climbing. Has ascended to base camp An- nupurrua «1A, altitude. 16,500 feet. Climbed Mt. Whitney, rock climbing in the Seneca

Rocks of West Virginia, and the Gunks in New York. Abo enjoys whitewater kayaking. spelunking, and voDeyball. Was captain of the Summer 1979 VoUeyball Champs. Also swimming, soccer, sailing, and intellectual games, like bridge and chess. Enjoys the AGSIM interaction and the Phoenix nightclubs (especially Jazz musicians).

Would like to live in the nor­ thwest area or Japan, because of the mountains.

Mellon BankThere will be a visit of a

team from MeBon Bank in Pittsburgh, Peuusylvtmt, beaded by David Affiaoo, MeDoo International. Mr Allison is a former graduate of Tbunderbird.

The team presentation will be the evening of Oc­ tober 17, Wednesday, from 6:30 - 3:30 p.m. in the Auditorium which has been reserved.

Mellon Bank was here last year and the pro­ grams were well received.

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