The East Asian region faces a range of crucial political and security challenges. But zero-sum security relationships can be nested within positive-sum economic relationships in the region.Read More »
Indonesia Needs Confidence in Economic Integration
Indonesia has benefited significantly from opening up to trade and investment. It responded without hesitation to plummeting revenues from oil exports in the early 1980s with sweeping reforms to reduce tariffs, non-tariff barriers, red tape in customs clearance and procedures for obtaining business permits. These reforms spurred the expansion of light-manufacturing industries and helped the economy reach a steady rate of …Read More »
What Happens When the US No Longer Has Moral Authority?
President Obama’s recent failure to attend the APEC meeting in Bali and the East Asia Summit in Brunei was only symbolic of the US decline. The reality is more profound. Over the past 30 years, the United States as the predominant power has provided a public good in East Asia, enjoyed by allies and adversaries alike — including China — by maintaining …Read More »