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If you want to be taken seriously as a regional player, you need be strong enough to influence the region. If you want to be taken serious globally you also need to be able to project power globally.
How about soft power?

The peak-to-trough part of the business cycle is an outlier. Carnot would have died laughing.
by Migeru (migeru at eurotrib dot com) on Wed Jul 15th, 2009 at 06:56:12 AM EST
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