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US Foreign  Communication Policy          35

           flexibility  and efficiency,  new communication and information tech-
           nologies modified distribution and consumption capacities:  informa-
           tion-based  services  facilitated  the  rapid  turnover  of  capital
           investments;  corporate abilities  to  respond  to consumer  and market
           demands were enhanced; globalized and instantaneous personal credit
           facilitated  market expansion efforts;  and through the more compre-
           hensive and accurate monitoring of lifestyles and price system activ-
           ities,  potential  consumers  were  approached  in  ever  more  enticing
           ways.
             The opportunities provided to service sector-based corporations as
           a  result  of these  complex developments,  coupled  with  the  ongoing
           crisis  in  the  US  economy  (particularly  in  relation  to  the  decline  or
           stagnation  in  real  incomes  and  the  disintegration  of secure  middle-
           class  employment  opportunities)  - and  the  collapse  of the  Soviet
           Union as a counter-weight to capitalist models- facilitated the radical
           reform of international communication and information regimes dat-
           ing from the late 1980s. This has involved the American  state as the
           complex mediator of mostly neo-liberal reforms in a range  of inter-
           national organizations, including the ITU and, most importantly, the
           GATT.  In  its  institutionalization  of a  free  trade  in  services  and
           requisite  intellectual  property  rights  (when  viewed  in  conjunction
           with ongoing technological innovations and applications), the recently
           institutionalized World Trade Organization (WTO) now constitutes a
           dramatic step forward in efforts to open world markets to producers
           and distributors of information-based commodities.
             The  American  state  has  been  affected  by  and  has  affected  these
           changes.  As  Cox  has  generalized,  the  role  of· states has  been  trans-
           formed during this period.  Rather than an institutional buffer, man-
           dated to protect and develop domestic interests, state priorities have
           shifted toward 'adapting domestic economies to the perceived exigen-
           cies  of the world economy.' 39  This internationalizing of the state has
           involved the ascendancy of state departments and personnel  directly
           involved in foreign  relations  and international economic  affairs  and
           the relative subordination of domestic-orientated intra-state agencies.
           As  a  result,  says  Cox,  state  structures have  been  recast  to  facilitate
           the incorporation of world-economy developments into the decision-
           making processes of domestic policy makers. 40
             States, of course, were not and are not the only institutions mediat-
           ing  the  international  political  economy.  International  institutions,
           such  as  the WTO and the ITU, play decisive  roles in  contemporary
           information  and  communication  developments.  As  with  states,  the
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