BEIJING — Over the past decade and more, China has capitalized on critical transformations in the global landscape to forge new patterns of political and economic influence and significantly further its national interests. But in so doing, it has also become exposed to a growing matrix of risks to its capacity for continued international expansion. While this exposure has rendered China more vulnerable to external actors and threats, the greatest obstacles facing the country’s future trajectory ultimately come from structural deficiencies in the domestic political economy. In the international arena, although China’s most recent gains have been impressive, much of [...]
LIMA, Peru — With the entire western Amazon experiencing oil and mining booms, indigenous groups in the Amazon Basin and the Andes — already fighting encroachment by loggers and small-scale farmers, or else struggling to obtain title for their ancestral land — have now stepped up their resistance to efforts to exploit oil reserves, mineral deposits and other natural resources in and nearby their communities. In response, the region’s presidents have accused native leaders and environmentalists who help them of everything from terrorism to being U.S. lackeys. The trends cut across ideological divides. Peruvian President Alan Garcia has taken a [...]
There’s no question that globalization, in its modern American form of expanding free trade, just went through its worst crisis to date. But while economists debate whether or not we in the West are collectively heading toward a 1938-like “second dip,” it’s important to realize just how myopic our fears are about the future of a world economy that America went out of its way to create, defend, and grow these past seven decades. First, no matter how severe any second dip becomes, comparing our current plight to the Great Depression of the 1930s is an exercise in profound hyperbole, [...]
