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    Japan’s Inability to Make Decisions

    Draconian defense budget cuts of at least $450 billion—and possibly as much as $1.2 trillion under sequestration—are casting doubt on the U.S. commitment to peace and security in the Asia–Pacific. Japan’s inability to come to agreement with its principle ally complicates this already disconcerting picture. It only increases insecurity in … More

    Morning Bell: The Debate Over China

    Want to hear something disturbing? China has increased its defense budget by double digits every year for the last 20 years. Just as China seems to be gearing up for some undefined enterprise, the U.S. is winding down its defense budget at a similarly rapid pace. Despite the obvious contrast, … More

    President Obama’s Trade Failure

    There is a consensus, spanning the Democratic and Republican parties, our Asia-Pacific trade partners, and those interested around the world that President Obama is heading to Asia with one hand tied behind is back. The reason is his failure to develop and present a clear, coherent trade policy. Economics is … More