Asia & the Pacific

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. 

Stephen Walt analyzes how the war in Gaza will have widespread geopolitical effects.

According to the "Madman Theory" outlined by Daniel Ellsberg and Thomas C. Schelling, and embraced by Presidents Richard Nixon and Donald Trump, being perceived as mad can help make seemingly incredible threats—such as starting a nuclear war—more credible. However, recent research has largely concluded that the Madman Theory does not work. 

Joseph Nye considers U.S. options for risk reductions as nuclear threats escalate and China-Taiwan tensions rise.

Stephen Walt outlines how Washington and Beijing could stop the war in Ukraine.

Stephen Walt argues for greater foreign-policy restraint by the United States: U.S. foreign policy would be more successful if it did less but did the vital things well.

Stephen Walt argues that prudent states should not assume that a norm against conquest will suffice to protect them; adequate hard power, shrewd diplomacy, and reliable allies are better—if still imperfect—guarantees.

Stephen Walt argues that in a multipolar world, the United States will be in an ideal situation to play the other major powers off against each other, and it can let its partners in Eurasia bear more of the burden of their own security. 

David C. Logan and Robert C. Watts IV respond to Isaac B. Kardon and Wendy Leutert's spring 2022 article, "Pier Competitor: China's Power Position in Global Ports."

Fredrik Logevall describes the legacy of the Paris Peace Accords, which effectively put an end to U.S. involvement in the Vietnam War, as the 50th anniversary of the accords nears.