Asia & the Pacific

7 Items

Blog Post - Views on the Economy and the World

How China Compares Internationally in New GDP Figures

| May 31, 2020

The World Bank on May 19, as it does every six years, released the results of the most recent International Comparison Program (ICP), which measures price levels and GDPs across 176 countries.  The new results are striking.  It is surprising that they have received almost no attention so far, perhaps overshadowed by all things coronavirus.

For the first time, the ICP shows China’s total real income as slightly larger than the US.  It reports that China’s GDP was $19,617 billion in 2017, in Purchasing Power Parity (PPP) terms, while the United States’ GDP stood at $19,519 billion.

Blog Post - Views on the Economy and the World

Let’s Go Back to Good Old Tariff-Cutting

| Dec. 02, 2019

The “bicycle theory” used to be a metaphor for international trade policy.  Just as standing still on a bicycle is not an option — one has to keep moving forward or else the bike will fall over – so it was said that international trade negotiators must continue to engage in successive rounds of liberalization, or else the open global trading system would be pulled down by protectionist interests.  I don’t know if the theory was ever right.  (And, to be honest, I don’t entirely understand why forward movement keeps a bicycle from falling over.)  But if we had stood still on trade policy over the last three years we would be a lot better off than where we are now.

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Blog Post - Atlantic Council

A Strategy for Dealing with North Korea

| Sep. 12, 2017

New sanctions imposed by the United Nations Security Council on September 11 in response to North Korea’s latest nuclear test are “not significant enough,” according to R. Nicholas Burns, an Atlantic Council board member who served as undersecretary of state for political affairs in the George W. Bush administration.

Sanctions must be part of a “patient long-term strategy” that includes deterrence, working closely with allies, and negotiations, said Burns, laying out the United States’ options for dealing with the North Korean crisis.  

Nuclear Security Matters

Blog Post - Nuclear Security Matters

Strengthening International Cooperation on Nuclear Materials Security

Nov. 04, 2014

Matthew Bunn, Will Tobey, Hui Zhang, and Nickolas Roth recently participated in a two-day roundtable discussion sponsored by the Stanley Foundation on U.S. nuclear security cooperation with Russia and China. The discussion, which involved experts from around the world, focused on overcoming challenges to nuclear security cooperation and ensuring that countries put in place effective and sustainable nuclear security measures with strong security culture.

Nuclear Security Matters

Blog Post - Nuclear Security Matters

China Should Endorse the Hague Summit Pledge to Strengthen Nuclear Security Implementation

Apr. 23, 2014

The most significant achievement to emerge from the 2014 Nuclear Security Summit was a pledge by 35 countries to observe the terms of a joint agreement, known as Strengthening Nuclear Security Implementation. This document committed the signatories to incorporate the principles and guidelines of the International Atomic Energy Agency (IAEA) regarding nuclear security into their national laws, and to allow teams of international experts to periodically evaluate their security procedures. Promoted strongly by the chairs of all three nuclear summits—the United States, South Korea, and the Netherlands— the 2014 initiative is an important step towards creating a robust global security system designed to prevent nuclear materials from falling into the hands of terrorists.

Nuclear Security Matters

Blog Post - Nuclear Security Matters

Securing China’s Nuclear Energy Development

| Apr. 17, 2014

Chinese president Xi Jinping said in his address at the 2014 Nuclear Security Summit that, “we should place equal emphasis on development [of nuclear energy] and security, and develop nuclear energy on the premise of security.” He further emphasized that, “developing nuclear energy at the expense of security can neither be sustainable nor bring real development. Only by adopting credible steps and safeguards can we keep the risks under effective control and develop nuclear energy in a sustainable way."

Nuclear Security Matters

Blog Post - Nuclear Security Matters

Eliminating Potential Bomb Material from Japan’s Fast Critical Assembly

| Mar. 24, 2014

Today, the United States and Japan announced that Japan would eliminate all the plutonium and highly-enriched uranium at its Fast Critical Assembly (FCA) at Tokai-mura.  This is a tremendous step forward for nuclear security; for terrorists, this would be some of the best material that exists in any non-nuclear-weapon state.  The material includes 331 kilograms of plutonium, most of it weapons-grade, and 214.5 kilograms of weapons-grade HEU.  (The FCA also includes over a ton of material just at the 20 percent U-235 mark that defines HEU.)   The weapons-grade HEU is enough for four simple terrorist “gun-type” bombs or a larger number of trickier-to-build implosion bombs.  The plutonium amounts to more than 40 bombs worth of material.