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61. The United States, Europe, and Asia

Author:
Robert D. Blackwill and Kristin Archick
Publication Date:
04-1998
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Despite Asia's recent currency troubles, most strategists and economic experts believe that in the period ahead Asia will continue to be one of the most dynamic regions of the globe and pose one of the biggest strategic challenges for the West. The United States and Europe are already closely intertwined with East Asia economically, and the region's future potential for economic development remains extraordinary. As Asia's global economic weight increases, its political influence on the world stage will likely do the same. Similarly, as the West's economic interdependence with East Asia grows, any breach of the peace in the region will importantly affect the United States and Western Europe.
Political Geography:
United States, Europe, and Asia

62. Shaping U.S.-China Relations: A Long-Term Strategy

Author:
Michel Oksenberg and Elizabeth Economy
Publication Date:
04-1998
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The rise of China in world affairs is a major feature of our era. An increasingly contentious debate has erupted in the United States over how to respond to this development. Figuring out a successful policy toward China is no easy task, but any sound strategy must be rooted in a sense of history.
Topic:
International Political Economy
Political Geography:
United States, China, and Asia

63. The American Economy and the East Asian Crisis: Deconstructing Goldilocks

Author:
Thomas I. Palley
Publication Date:
04-1998
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Over the last nine months the global economy has been roiled by a financial crisis that has moved through Thailand, Malaysia, Indonesia, and South Korea. Japan has also been affected by its wake, as has Russia. So too has Latin America, where Brazil has had to raise interest rates substantially to fend off an incipient currency crisis.
Topic:
Economics
Political Geography:
Russia, United States, Japan, Asia, and Brazil

64. Transcript: World Economic Update I

Author:
Daniel K. Tarullo, John Lipsky, Bruce Steinberg, and David Jones
Publication Date:
11-1998
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Mr. Daniel K. Tarullo: Good morning, ladies and gentlemen. We'd like to get started promptly so that we can end promptly. Welcome to this morning's session on the update of world economic conditions. This is the first in what we anticipate to be a series of updates, perhaps quarterly, sponsored by the Council on Foreign Relations, probably right here in this room, part of a continuing effort to focus on world economic conditions, both for themselves, and as they intersect with foreign policy concerns.
Topic:
Economics
Political Geography:
Russia, Europe, Asia, South America, Latin America, and North America

65. Mock National Security Council Meeting on the U.S.-China Summit

Publication Date:
10-1997
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Dr. LESLIE H. GELB (President, Council on Foreign Relations): Good evening. Welcome, members of the Council on Foreign Relations. Welcome, members of the Council on Foreign Relations Corporate Program and special guests, and our C-SPAN audience. We're here tonight to discuss and explore the substantive issues in the United States-Chinese relationship that will arise in the upcoming summit meeting between Chinese President Jiang Zemin and U.S. President Bill Clinton.
Topic:
Foreign Policy and Diplomacy
Political Geography:
United States, China, and Asia

66. How Can the United States Cope with the Emerging Power of Asia?

Author:
Dinah Lee-Kung and Samuel Berger
Publication Date:
06-1997
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
On Friday And Saturday, June 6 and 7, 1997, the Council on Foreign Relations hosted its second annual National Conference, drawing members from across the United States to discuss the future of U.S. relations with Asia. Continuing a Council tradition of involving a broad spectrum of professionals, the conference underscored the Council's push to engage the full range of regional perspectives in its intellectual work.
Political Geography:
United States and Asia

67. Policy Impact Panel China and the United States: Strategic Partners or Adversaries?

Publication Date:
06-1997
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Dr. LESLIE GELB (President, Council on Foreign Relations): Welcome to today's program on the United States and China: Strategic Partners or Adversaries? My name is Les Gelb. I'm President of the Council on Foreign Relations. And the Council, along with the National Committee on U.S.-China Relations, has put together this panel because we think it's dealing with one of the most important, if not the most important, foreign policy question facing the United States. These Policy Impact Panels, as we call them, are designed to do two things. One, try to establish facts in a very complicated situation, because often we spend a lot of time wondering what the facts are or if they can be established. The second purpose is to lay out the policy alternatives, to give us a sense of what we can do about the problems or the facts.
Topic:
Security and Foreign Policy
Political Geography:
United States, China, and Asia

68. U.S. Trade Negotiations: Lessons Learned, Lessons Applied

Author:
Mickey Kantor
Publication Date:
11-1997
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The challenges of the era of interdependence will constitute the greatest foreign policy test of the 21st century. The war over globalization and interdependence is at an end. Only the battles are yet to be fought. Those who cower behind walls of fear and fail to accept responsibility do so at their own peril, and will not turn containment into engagement, or mutual assured destruction into mutual assured prosperity. The approach of the new millennium finds us at the intersection of three epochal events: in politics, the end of the Cold War; in economics, the emergence of a global economy; and in technology, the rise of the Information Age. The intersection of economics, strategic issues, and political concerns is creating the glue which will bind together an updated U.S. foreign policy. Vast opportunities lie before us, and more than a few pitfalls. We face fewer serious military threats but an increasing number of competitors. The rise of competition, the need to create new opportunities, and the confluence of major economic and political changes create a need to intensely focus on U.S. priorities and goals. Despite this urgency, we have yet to fully articulate a foreign policy that matches the era in which we now live, especially the appropriate role of international economics. We need to direct our focus toward the lessons we have learned over the past five years. Seekers of universal truths or simple catch phrases should prepare in advance for disappointment. U.S. leadership in both the public and private sectors must accept the challenges represented by these enormous changes. Our willingness to take responsibility, clearly define our goals, and recognize our limitations but pursue U.S. leadership at every opportunity will dictate the success or failure of promoting a stronger United States and a less dangerous world. The goals and objectives are clear: U.S. leadership must pursue peace, stability, economic progress, basic human rights, and sustainable development. In order to address these goals we need to create foreign-policy tools and institutions that are pragmatic, practical, and resilient reflecting the speed with which events, opportunities, and challenges now confront us as a nation. There is no question that global economics has fundamentally changed the nature of foreign policy. Today, economics and foreign policy are no longer separable, and economic security and national security have become synonymous. We live in an interdependent, globalized world. No longer are we self-contained, nor is it in our interest to be so. We can no longer take for granted our global economic dominance and turn our back on foreign markets. It is self-defeating in the short run and impossible in the long run to ignore the problems which occur across the border or across the world, and we cannot overlook our responsibility as the world's remaining superpower. Driven by technological change, freed of Cold War conflicts and connected by economic and strategic interests, the era of interdependence demands negotiation, engagement, and leadership. Interdependence dictates that our foreign policy and economic future are increasingly connected to international trade. Interdependence dictates that terrorism, weapons proliferation, environmental concerns, the drug trade, and economic opportunity are now cross-border issues. These issues profoundly affect the everyday lives of people around the globe. Cross-border issues directly influence policies, laws, and regulations of the countries in question, raising issues such as the rule of and respect for law, regulation and deregulation, privatization, and other concerns heretofore thought to be strictly internal. This new era requires a redefinition of global leadership. Being the only remaining superpower does not simply mean that we are the strongest military power, nor does it mean only that we are the most economically competitive nation on earth. Both of those statements are true, of course. But holding the position of the world's only remaining superpower in the era of interdependence means that we have the opportunity to take advantage of the vast economic potential which is being created around the globe to the benefit of all Americans, and we have a corresponding obligation to rally other nations to pursue common long-term interests, such as strategic and political stability, economic progress, and sustainable development. There are other examples which support the notion of new multidimensional international relations. Brazil has dramatically increased its international standing and influence using its potential economic strategic position. During the Cold War and prior to the dramatic growth of economic power and industrialization, Brazil's strategic position would have been defined and dictated by its ability or inability to have an influence over strategic and political issues especially those concerning East-West relations. But today, and in the foreseeable future, not only do countries increase their influence based on economic potential and achievement, but economic considerations and relationships tend to bring entities together which in other circumstances could not or would not cooperate. The recent Middle East Economic Conferences and the participation of China, Taiwan, and Hong Kong in the Asia-Pacific Economic Cooperation (APEC) are obvious examples.
Topic:
Foreign Policy, Cold War, Diplomacy, and Political Economy
Political Geography:
United States, China, America, Taiwan, Asia, Brazil, and Democratic Republic of the Congo