Why can't Asia unite even for the sake of its own security? For decades, Western experts have complained about the failure of the Association of Southeast Asian Nations (ASEAN) to learn the value of collective security from Europe's post-War experience. ASEAN's leaders have ignored the lessons offered first by the Common Market, and then the European Union. The benefits of these models are supposedly so obvious that it seems incomprehensible that ASEAN's leaders cannot see them.
East Asia's apparent disarray over a response to North Korea's nuclear démarche brings these complaints into the open once again. A North Korea with nuclear bombs surely poses a common threat to all Asians. Everybody, it is said, should help the US put Kim Jong Il in his place. The fact that North Korea's close neighbors seem unable to grasp this seems to confirm that Asian disunity is not just stupid, but chronic and willful.
But history and geography matter in assessing the nature of a threat. Different traditions in tactical and strategic thinking also matter--to say nothing of the unique way Europeans forged their current cooperative arrangements out of aggressive nation-states that shared a common civilization.
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The long-standing economic consensus that interest rates would remain low indefinitely, making debt cost-free, is no longer tenable. Even if inflation declines, soaring debt levels, deglobalization, and populist pressures will keep rates higher for the next decade than they were in the decade following the 2008 financial crisis.
thinks that policymakers and economists must reassess their beliefs in light of current market realities.
Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.
argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
Why can't Asia unite even for the sake of its own security? For decades, Western experts have complained about the failure of the Association of Southeast Asian Nations (ASEAN) to learn the value of collective security from Europe's post-War experience. ASEAN's leaders have ignored the lessons offered first by the Common Market, and then the European Union. The benefits of these models are supposedly so obvious that it seems incomprehensible that ASEAN's leaders cannot see them.
East Asia's apparent disarray over a response to North Korea's nuclear démarche brings these complaints into the open once again. A North Korea with nuclear bombs surely poses a common threat to all Asians. Everybody, it is said, should help the US put Kim Jong Il in his place. The fact that North Korea's close neighbors seem unable to grasp this seems to confirm that Asian disunity is not just stupid, but chronic and willful.
But history and geography matter in assessing the nature of a threat. Different traditions in tactical and strategic thinking also matter--to say nothing of the unique way Europeans forged their current cooperative arrangements out of aggressive nation-states that shared a common civilization.
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
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