Glycolides were polymerized by PPG or Pluronic(PN) to give A-B-A block copolyesters consisting of polyglycolide(A) and polypropylene glycol(B) or polyglycolide(A) and PN (B). Lactones were easily copolymerized with polyethers by ester interchange reaction even in the absence of catalyst. It is because PPG and PN are telechelic polyethers having hydroxy groups on their both ends. When the feed ratio of PPG(M$_{n}$=4,000) and PN(M$_{n}$=11,500) were over 5 and 10 wt% .elative to glycolide, respectively, the polymerization of glycolide took place from the terminus hydroxy groups of PPG or PN to produce the desired A-B-A block copolymers in high yields. The molecular weights of the copolymers, which estimated from the monomer conversions and the feed ratios of PPG and PN, could be controlled by changing the kind of terminus hydroxy of polyether and the feed molar ratio of PPG and PN. PN.