The Pacific Rim: Why Clinton Is At SeaRobert Kuttner
While President Clinton was in Seattle hosting the first meeting of a chimerical Pacific trade bloc, America's most distinguished Japanologists were holding their own meeting in Santa Fe, N.M., on "Japan as a Techno-Economic Superpower." Sponsored by Los Alamos National Laboratory, the conference concluded that, despite Japan's current recession and the splintering of the Liberal Democratic Party, the country's fundamental nature as a state-led economy--and hence its chronic trade surplus--was essentially unchanged.
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