This very useful volume is the result of a conference that brought together leading Australian academics, industrialists and public officials. In a very stimulating essay, Ross Garnaut points out that the fundamental link between economic and political factors in Australia's foreign policy is the powerful interest in maintaining a liberal international trading system. The degree of liberalism that has been maintained in international trade since World War II represents, in his view, a significant achievement for the world community, and is now in danger. There is also an excellent assessment of the major world political and strategic trends by Paul Dibbs.
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