East Asia's wobbles; fretfulness over security, especially over China, could yet stop East Asia's miracle countries in their tracks.

From: The Economist (US) | Date: December 23, 1995 | Copyright information

Security worries have overshadowed news about strong economic growth in East Asia. Problems discussed include the competition for energy resources, political reform lagging far behind market reforms, the decline of Russia and emergence of China as military powers and strained US-Japan relations.

DOMINATED by foreign powers, fragmented by ideological and political rivalries and impoverished by war, East Asia was for most of this century a wretched place. Was, that is, until most of...

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