At 8:56 AM 4/21/95, mark selden wrote:
>What is the meaning for global dynamics of the sustained rise of East Asia
>as a region, a fact perhaps in the end more important than the rise of a
>Japan that is now deeply troubled by a host of problems? In contrast with
>the 1930s and 1940s regional integration does not appear to suggest a road
>to autarchy.
The official policy wonk stuff that comes out of places like the IMF speaks
approvingly of local trade blocs if they are in the spirit of "building
blocks" for global integration. It simplifies things to have a few parties
- three regional hegemons, each with its pet countries in tow - who cut
deals for the whole world, rather than 120 or 170 unstructured parties.
Doug
--Doug Henwood [dhenwood@panix.com] Left Business Observer 250 W 85 St New York NY 10024-3217 USA +1-212-874-4020 voice +1-212-874-3137 fax