November 12, 2014
America Needs Economic Statecraft in Asia
Few U.S. national security officials pay much attention to the Asia-Pacific Economic Cooperation (APEC) forum or economic statecraft in general. But they should. The APEC meeting just completed in Beijing is fraught with strategic implications. In a region where economics is synonymous with security, the impact of the quarter-century-old institution to promote trade liberalization may change the course of tomorrow’s security framework.
A quarter century from now, we will know whether China genuinely wished to be a responsible stakeholder by adopting and adapting existing international institutions. While China experts argue over the degree to which Beijing is buying into the existing global system or bent on a revisionist path, U.S. officials need to realize that they are facing a “use-it-or-lose-it” crisis that has nothing to do with nuclear weapons.
Read the full article on War on the Rocks.
More from CNAS
-
U.S. Sanctions Compliance Weighs on Nonfinancial Companies
Video
Elizabeth Rosenberg talks about the biggest shifts affecting compliance officers in the U.S. at an event in New York hosted by The Wall Street Journal and Dow Jones Risk &...
By Elizabeth Rosenberg
-
Trump’s Boasts of an Economic ‘Boom’ Are Misplaced and Misguided
Commentary
President Donald Trump this week laid out his most direct case yet for staying the course in the run-up to the 2020 U.S. presidential election. In a speech to the Economic Clu...
By Neil Bhatiya
-
Weaponized Interdependence – Economic Networks, Sanctions, and State Coercion
Video
Contrary to traditional arguments that globalization and economic interdependence will lead to increasing international cooperation, this episode discusses how states can weap...
By Elizabeth Rosenberg
-
Saudi Arabia Moving Forward With Plans To Sell Shares Of Aramco
Video
Saudi Arabia says it's going ahead with plans to sell shares of the state oil company, Aramco. It's a long-delayed effort to raise money for the monarchy's reform program but ...
By Rachel Ziemba
