Yuan

[Meredith_Glueck at edf.org]

From: Meredith Glueck at EDF on 08/12/98 05:21 PM

Subject:  Re: Yuan

 Seth:
"And why
would a devaluation be good for US hegemony over the long term, as some
have said here?"

This doesn't entirely answer the question,but i think it's pretty related,
pretty close:

     'It is rather the case that a new ideology of the market  (and of
market access
is being embedded in and reproduced by a powerful constituency of liberal
states,
international institutions, and what may be called the 'circuits of
capital' themselves.'

(John Agnew & Stuart Corbridge, Mastering Space: Hegemony, territory, and
international
political economy, pg, 164)