For the past 60 years, there has been convergence between the strategic logic of America’s strategy of forward deployment in key regions of the world and the economic imperative of securing the nation’s prosperity. Despite the constant protests on college campuses about “banana republics” and “no blood for oil,” there was, in fact, generally a strong correlation between the places where the American military was engaged and those areas that were seen as vital to the economic health of the country. Opposition from naturally isolationist tendencies of the American body politic was overcome, in part, by the argument that prosperity [...]
Energy
With only days to go before Armenia’s Feb. 18 presidential election, all signs point to a victory for incumbent President Serzh Sargsyan. Should he be re-elected as expected, Armenia will most likely maintain its status quo, which saw Yerevan open modestly to the West and Euro-Atlantic initiatives but ultimately remain bound to its longstanding alliance with Moscow. Sargsyan is likely not only to win the election handily but also to easily clear the 50 percent threshold required to prevent a second-round runoff. With Armenia’s opposition badly fractured and handicapped by the noncandidacies of two of the most credible opposition figures [...]
Editor’s note: This is the second of a two-part series on East Asian energy cooperation. Part I examined cooperation in energy conservation and natural gas markets. Part II examines cooperation in nuclear energy. Despite heightened political tensions among Japan, China and South Korea over territorial disputes in the East China Sea, Asian economic cooperation remains critical to the global economy as it struggles to return to widespread growth. Energy cooperation among these three Asian powers offers an opportunity for much-needed constructive engagement, and nowhere is this more urgent than in the area of nuclear energy. Before the Fukushima nuclear accident [...]