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Cancun summit; Important thing is it's happening

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In the pomp and dazzle of 22 world leaders embracing before the cameras, tomorrow's summit of rich and poor countries at Cancun, Mexico, is expected to yield few immediate results.

But many international development analysts say some of the biggest breakthroughs may already have taken place.

The mere fact that these heads of government will meet, they say marks historic changes on the world scene.

More than ever before, the industrialized powers recognize that their own well-being depends on whether solutions can be found to the sobering problems of the developing world.

And the developing nations, after decades of struggling for full recognition as actors in the world economy, are no longer perceived among the world powers as juniors, but as actors whose concerns must play a role in the future of the world economy.

"In an important sense, Cancun shows that we have succeeded," says Dr. John Sewell of the Oveseas Development Council.

"When we began aid programs in the 50's and set up the World Bank, we wanted to help developing countries begin economic development. Their growth has exceeded the industrial world's. Now they count. Those attending Cancun, especially, now have vital interest to the US."

Many who have witnessed the cantankerous North-South debated in recent years consider it something of a breakthrough that these leaders are even gathering to talk at all.

Dialogue between the rich nations of the "North" and poor countries of the "South" had stalled United Nations chambers almost beyond reignition. The poor countries appeared to have lost recognition of their bid for a greater role in the world economy.


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