Abstract
The rapid economic success of countries in the Pacific rim in the past two decades has given rise to visions of a ‘Pacific Century’, with the world's economic centre of gravity shifting from the Atlantic to the Pacific. But the rise of computer-integrated manufacturing (CIM) may sound the death knell for the Pacific Century by rendering obsolete the cheap labour on which Asian Pacific economic success has been built. It is incumbent upon nations with well-developed CIM R&D capacity to avoid protectionism and base their policies instead on technology transfer and the principle of sharing.
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