Life in a G-Zero World

The nature of world politics has changed more rapidly in the past four years than anyone expected. From the fall of the Berlin Wall up to the financial crisis of 2008, the United States had enjoyed a unprecedented period of hegemony. A decade ago, the US defense budget by itself was larger than the combined […]

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The Asian Sleepwalkers

Whether East Asia’s politicians and pundits like it or not, the region’s current international relations are more akin to nineteenth-century European balance-of-power politics than to the stable Europe of today. Witness East Asia’s rising nationalism, territorial disputes, and lack of effective institutional mechanisms for security cooperation. While economic interdependence among China, Japan, South Korea, and […]

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Hun Sen’s Battle for Middle Earth

Cambodia has never enjoyed the kind of political clout its neighbors Thailand and Vietnam have been able to assert on the international stage. This issue does not sit well with Prime Minister Hun Sen, who wants to see his country’s standing improve significantly. But the key to raising Cambodia’s stature is Hun Sen’s own success. […]

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Spengler’s Ominous Prophecy

A QUESTION haunts America: Is it in decline on the world scene? Foreign-policy discourse is filled with commentary declaring that it is. Some—Parag Khanna’s work comes to mind—suggests the decline is the product of forces beyond America’s control. Others—Yale’s Paul Kennedy included—contend that America has fostered, at least partially, its own decline through “imperial overstretch” […]

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China Will Become a More “Normal” Economy

2013 will be remembered as the year China became a more “normal economy”. What does normality mean for China? Soon-to-depart Premier Wen Jiabao’s oft-cited quote that China’s growth is “unbalanced, unsustainable and uncoordinated” is a good place to start. China was an abnormal economy with its state-led capitalist approach that produced double-digit growth rates, no […]

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Asia is Purchasing Nearly all of Iran’s Oil

Four Asian countries are now purchasing nearly all of Iran’s oil exports according a report this week from the Economist’s Intelligence Unit (EIU). “Almost all of Iran’s oil exports now go to China, South Korea, Japan and India,” the report said even as it noted a sharp decline in the amount of oil each country purchased from […]

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India Looks East

The heads of nine of the ten member states of the Association of Southeast Asian Nations traveled to New Delhi two weeks ago to celebrate 20 years of ties between their organization and India. At the two-day “Commemorative Summit,” ASEAN leaders toasted Indian Prime Minister Manmohan Singh and signed a free-trade pact covering services and […]

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Elephant In The Room, And Outside Too

Not so long ago the question how to deal with China was an evolving conundrum. It is real now. As real as an elephant — looming large over all that it views, with a large appetite and largely prepared for a fight but peaceful until provoked. And just like the pachyderm, feared. In an increasingly […]

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