Transcribes events that took place a year after George Orwell's "Nineteen eighty-four."

Cardinal Ratzinger speaks candidly and forcefully about the state of the Church in the Post-Vatican II era. Here is the complete text of a meeting many have called a "historical turnabout" in the Church. The roots of the crisis that has troubled Catholics in the twenty years since the Council are analyzed with forthright clarity by one of the most authoritative voices in the Vatican. Here is a clear and uncompromising report on the dangers that threaten the Faith, from one who every day receives the most reliable information from every continent. Yet Ratzinger's observations are as hopeful and balanced as they are clear-sighted, forcefully re-affirming the immense and positive work of Vatican II, whose genuine fruits this book provides a guideline for achieving.

This report focuses on the contribution that international capital makes to economic development. While the report pays close attention to the events of the recent past, it also places the use of foreign capital in a broader and longer-term perspective. Using such a perspective, the report shows how countries at different stages of development have used external finance productively; how the institutional and policy environment affects the volume and composition of financial flows to developing countries; and how the international community has dealt with financial crises. This report concludes that the developing countries will have a continuing need for external finance. It demonstrates that many of the policies required to attract external finance and promote economic growth are either being implemented or planned already.

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