Journal of World-Systems Research_: Volume 1, Number 11, 1995 http://jwsr.ucr.edu/ ISSN 1076-156X Models of Integration, Models of Development in the Pacific John Borrego Board of Community Studies College 8 University of California Santa Cruz, California 95064 USA Fax: (408) 459-3518 Email: borrego@cats.ucsc.edu Copyright (c) 1995 John Borrego In order to understand the processes related to integration and development in the East Asian and Latin American societies this paper attempts to place those processes in the larger context of cycles of world accumulation. Many of the societies in East Asia, Latin America, and the South, in general, were integrated into the world economy during previous cycles of hegemony and accumulation. However, in the American cycle, and particularly at the height of this cycle, East Asia was developed while most of Latin America continued to experience truncated development. How do we understand these different trajectories? We argue that the best way to understand the different processes of integration [Page 1] and development in these two regions during the current historical period of global capitalist accumulation is to see them all as housed in a transition period between the waning American cycle of hegemony in the world economy and a new, as yet undefined cycle. We will look at the role that the East Asian region and its societies are playing in the transition to the next cycle, as well as analyze why these societies should not be viewed as successful products of the "modernization process," as proponents of that theory argue. The "success" of these societies is rooted in their historical entry point and the geopolitical importance to the United States of the region in which they were housed, and is not necessarily repeatable by other Third World societies such as those in Latin America. This paper has four parts. First, we address the models of integration and development in East Asia and Latin America, key regions of the Pacific Rim, through the mid 1970s. Second, we analyze how the descending cycle of American hegemony is rooted in the decline of Post-Fordism and the emergence of what we call Global Capitalist Accumulation, which has generated a new global division of labor in the 1980s and early 1990s. Three, we explore the regional economic structure being generated by the interlinked national processes of development in Japan, East Asia, Southeast Asia and the Market Socialist Countries in the late 1980s and early 1990s. Four, we briefly explore the limitations of 119 Journal of World-Systems Research