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...European Community. Industrial growth has lagged, and the trade gap with behemoths like Germany and Japan has grown severalfold. But the world's fourth largest economy, with a gross national product of $956 billion, is far from an also-ran. Under the steady hand of President Francois Mitterrand, France now stands to become a keystone of 21st century power -- so long as the French people manage to keep their cool...

Author: /time Magazine | Title: The New France | 7/22/1991 | See Source »

They are no longer strikingly different in the way they dispute power, practicing instead a pragmatism and consensus building that is unfamiliar, perhaps even unwanted. The disturbance involves what the French call the banalization of politics -- the end of ideology as the center of political life. Mitterrand's great achievement has been bringing the left into the political mainstream, giving it the respectability that was once a conservative preserve. But with the old partisan banners faded today, people sense a lack of choice in politics and are vaguely spoiling for a fight...

Author: /time Magazine | Title: The New France | 7/22/1991 | See Source »

...France's seat as one of the five permanent members of the U.N. Security Council still gives the country a leverage in world affairs far beyond that of Germany, Japan or Italy. The seat explains why Mitterrand insists that any new security arrangements for the Middle East must gain the U.N.'s imprimatur. Moreover, France's nuclear arsenal continues to assure it a place at high table with the superpowers, while its economic clout provides membership in the exclusive Group of Seven. Political punch aside, French humanitarian efforts overseas, such as the war-defying missions of the volunteer doctors known...

Author: /time Magazine | Title: The New France | 7/22/1991 | See Source »

...Though Mitterrand continues to exploit the French position in the middle, signaling his country's potential for mischief in dealings with difficult regimes, he can now justify his approaches to China or Iran as those of an eclaireur, or scout, for American diplomacy. France's ace in the hole remains its latitude for independence, especially in framing an autonomous "defense identity" and common foreign policy for Europe. Says a senior French military officer: "We will always stand with the U.S. in the great battles of the West. After that, we again become a difficult ally...

Author: /time Magazine | Title: The New France | 7/22/1991 | See Source »

Though the fiction of a singularly influential and enlightened French "Arab policy" was exploded in the gulf, the result has been a more realistic, selective outreach across the Mediterranean. Mitterrand and Foreign Minister Roland Dumas are now concentrating attention on their Maghreb neighbors. In many French eyes, the North African lands that were once colonial possessions are a time bomb. Arab immigrants have for the most part rejected assimilation, and in future years may become a heavier challenge to the concept of what it means to be French. Surprisingly, residents of foreign origin constitute no greater a share...

Author: /time Magazine | Title: The New France | 7/22/1991 | See Source »

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