Instability: Asia adrift, Asia alone

oriented development model they had embraced under the umbrella of American protection.

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If the US government would not commit itself to the region’s security, Asian governments would secure new commitments from the US private sector. Corporate America would become their ally in US debates about Asian security. Ultimately, these initiatives succeeded beyond political leaders’ most optimistic expectations. Until well into the early years of this century, foreign direct investment from the US was the dominant source of investment in the region.