Asia & the Pacific

Joseph Nye considers lessons from his own work on preventing the spread of nuclear technology in the 1970s.

The U.S. position in the global value chain puts it at a disadvantage, and Washington's confrontational policies are making things worse.

Power transitions affect a state’s ability to exercise economic statecraft. As a dominating and a rising power approach parity, they face structural incentives to decouple their economies. This decoupling affects business-state relations: high-value businesses within the dominant power tend to oppose their state’s economic statecraft because of its costs to them, whereas low-value businesses within the rising power tend to cooperate because they gain from it. 

China leverages its market in a form of “predatory liberalism” that weaponizes the networks of interdependence created by globalization. ne response to China’s bullying would be for its targets to form an alliance to retaliate against China’s high-dependence trade should Beijing act against any alliance members. 

This paper examines the understudied role of international engagement, and of specific international actors, in greening China’s Belt-and-Road Initiative.

The geopolitical implications of solar displacing oil as the world’s major source of energy are enormous. Why has the Middle East been a central arena in the “great game” for the past century? Because countries there have been the major suppliers of the oil and gas that powered 20th-century economies. If, over the next decade, photovoltaic cells that capture energy from the sun were to replace a substantial part of the demand for oil and gas, who will the biggest losers be? And even more consequentially: who will be the biggest winner?

Joseph S. Nye argues that history shows that globalization is largely driven by technological changes that reduce the importance of distance, and that will not change.

Belfer Center experts on the U.S.-China relationship and Middle East issues shared thoughts on the significance of the unexpected Iran-Saudi Arabia agreement brokered by China. 

 Stephen Walt decided to look back to see if 2022 had gone according to his expectations. In his last column of 2021, he had described "Biden’s 2022 Foreign-Policy To-Do List." What did he get right, what did he get wrong, and how well did the Biden administration perform?

Stephen Walt provides A realist POV on the war in Ukraine, competition with China, COVID, and more in the second part of an interview with Foreign Policy Editor-in-Chief Ravi Agrawal.