Karen, I hope your subject was satirical!
Harry ------------------------------------------------------------------- Karen wrote: >MALLABY: A Go-Go Approach to Globalization @ ><http://www.washingtonpost.com/wp-dyn/articles/A44034-2002Aug4.html>http://www.washingtonpost.com/wp-dyn/articles/A44034-2002Aug4.html > >People talk about the Bush administration's divided foreign policy, with >unilateralists at the Pentagon battling diplomats at State. But the Bush >team also is split on international economic policy. On one side, you've >got tortured sideline-sitters at the Treasury, who criticize >emerging-market bailouts while approving them, who criticize development >aid while promising to expand it. On the other side you've got U.S. Trade >Representative Robert Zoellick, who practices an amazing brand of >turbo-activism. > >& The Bush economic team is mostly reactive; it has led on the bad tax cut >and on precious little else. Its promise of extra development aid, made >after months of griping about it, was forced by the March summit on >development in Monterrey, Mexico, and by the fear that the United States >would look miserly if others increased their aid budgets. The >administration pleads that it had to consider aid's effectiveness before >calling for an increase. But everybody knows that aid effectiveness is >crucial. By droning on about it, the administration was delaying needed >aid expansion and reinventing the wheel. > >&Having defied all the pessimists (whose ranks I've joined, at some >points), Zoellick is moving into overdrive. Armed with trade promotion >authority, he can target three goals: He can press ahead with global trade >talks, he can pursue regional pacts such as the Free Trade Area of the >Americas or he can go after bilateral free-trade deals. Which goal will be >Zoellick's priority? The answer is obvious. All three. > >Maybe this is lunacy. Zoellick heads a small agency that is overworked >already; aspiring to a Free Trade Area of the Americas seems like a >hopeless long shot given the anti-American populism that is sweeping the >region. But when America leads, things happen; and American leadership in >one set of trade talks creates momentum in the rest. If the Central >Americans want their own trade deal with Zoellick, they'll have to support >his drive for regional and global trade pacts; if Asians see progress in >Zoellick's Latin American discussions, they'll want a World Trade >Organization deal for fear of being left behind. This vision is certainly >ambitious; say nay if you want. But remember that Zoellick's naysayers >haven't fared well recently. ****************************** Harry Pollard Henry George School of LA Box 655 Tujunga CA 91042 [EMAIL PROTECTED] Tel: (818) 352-4141 Fax: (818) 353-2242 *******************************
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