THIS 'TALK SHOP' WAS EFFECTIVE WHEN AUTOCRATS RAN IT
It seems disingenuous to characterize the Asia-Pacific Economic Cooperation (APEC) summit as ''an ineffective talk shop'' (''Tough love: Just what Asia needs,'' International Business, Nov. 30). For most of the 1990s, these gatherings were used by multinationals, policymakers, and the region's autocratic leaders to ballyhoo the ''East Asian miracle.'' Your publication--far better than most in this regard--made only an occasional nod in the direction of criticism from worker's rights groups, environmentalists, or civil-society proponents.
The APEC meetings were a great chance for crooks like Suharto to look statesmanlike and reform-minded. We'll never know how many investors had their suspicions allayed by such theatrics.
Jeffrey Ballinger, Director
Updated Dec. 10, 1998 by bwwebmaster
Copyright 1998, Bloomberg L.P.