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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (16411)	9/14/1998 11:44:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 18056

Asian Forecast: Toward a New Asian Bloc stratfor.com << Late last week, the Japanese government indicated that it would oppose an IMF plan for bailing out Ukraine. The reason: Japan was tired of the West's willingness to help CIS countries when it is unwilling to bail out Indonesia and other Asian nations. Japan is certainly correct. The West is being far more helpful to the CIS than it is to Asia. What the Japanese clearly don't understand is the reason. The West simply has more to lose in Russia than it has in Asia. That is an odd thing to say, since the collective economy of the CIS is but a fraction of Asia's. Nor can it be explained by nuclear weapons. China is a nuclear power just as much as is Russia. Why is the United States and the West so indifferent to Asia and so responsive to Russia? The answer lies in a simple fact: Asia has structured its economies in such a way that its decline poses only a marginal threat to the West. The West worries, but it is simply not motivated to act. >>