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Begin New Search Political Geography China Content Type Policy Brief Publishing Institution Carnegie Endowment for International Peace Publication Year within 25 Years

1. Balancing Without Containment: An American Strategy for Managing China

Author:
Ashley J. Tellis
Publication Date:
01-2014
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
China is poised to become a major strategic rival to the United States. Whether or not Beijing intends to challenge Washington's primacy, its economic boom and growing national ambitions make competition inevitable. And as China rises, American power will diminish in relative terms, threatening the foundations of the U.S.-backed global order that has engendered unprecedented prosperity worldwide. To avoid this costly outcome, Washington needs a novel strategy to balance China without containing it.
Topic:
Foreign Policy, Defense Policy, Development, and Emerging Markets
Political Geography:
United States, China, America, Washington, Beijing, and Asia

2. Five Surprises of the Great Recession

Author:
Uri Dadush and Vera Eidelman
Publication Date:
11-2010
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
The Great Recession included five major surprises: (1) the severity of the global trade and output collapse, (2) the United States suffered a milder than expected recession, (3) Europe saw the onset of a severe sovereign debt crisis, (4) China grew at an extraordinary rate even though it's greatly dependent on exports, and (5) Latin America showed remarkable resilience.
Topic:
Economics, Globalization, Global Recession, and Financial Crisis
Political Geography:
United States, China, Europe, and Latin America

3. A New Direction for U.S. Policy in the Caspian Region

Author:
Martha Brill Olcott
Publication Date:
02-2009
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
With Washington's influence on the Caspian region at its lowest ebb in many years, the Obama administration could reverse this trend with a new approach that accepts Russia's presence and China's interest as historical and geographical givens and emphasizes short- and medium-term problem solving in multilateral and bilateral settings instead of long-term political and economic transformations. The United States can accomplish more in the Caspian region by focusing on military reform and building security capacity than on forming military alliances. The United States should switch from a multiple pipeline strategy to a policy that advances competition by promoting market pricing for energy producers, consumers, and transit states. The United States could facilitate the introduction of renewable sources of energy as a stimulus to economic recovery and a source of enhanced social security. The United States should develop a nuanced strategy that encourages political development through social and educational programs and local capacity building. The Obama administration should name a high-level official as a presidential envoy to this region.
Topic:
Security, Foreign Policy, Development, Economics, and Nuclear Weapons
Political Geography:
Russia, United States, China, Washington, and Central Asia

4. The G20 Meetings: No Common Framework, No Consensus

Author:
Michael Pettis
Publication Date:
05-2009
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
Participants in the recently completed G20 meeting in London agreed on a number of measures, some substantial and some merely symbolic, but they sidestepped the real issues dividing the major economic powers and, in so doing, failed to address the root causes of the global trade and investment imbalances. This was almost inevitable. China, Europe, and the United States have incompatible conceptual frameworks for understanding the causes of the global financial crisis; furthermore, their conflicting domestic political constraints make agreement on solutions hard to reach. Europeans believe that the root cause of the crisis was excessively deregulated financial systems, and they are skeptical about U.S. and Chinese calls for fiscal expansion, worrying that excessive spending would prolong the imbalances and make the ultimate adjustment more difficult. China also believes that the roots of the crisis lie within the structure of the global financial system, although Beijing insists that it was mainly the reserve status of the U.S. dollar that permitted imbalances to develop to unsustainable levels. China is particularly vulnerable to trade protection and seeks to maintain open markets for its continued export of domestic overcapacity. Like the United States, it is pushing for more aggressive, globally coordinated fiscal expansion. However, because of rigidities in its financial system and development model, its fiscal response to the crisis may exacerbate the difficult global adjustment and may, ironically, increase the chances of trade friction. In a time of contracting demand, the United States controls two-thirds of the most valuable resource in the world: net demand. Consequently, it is U.S. policies that will determine the pace and direction of the global recovery, along with the institutional framework that will govern trade and investment relationships for decades to come. The crisis puts the United States more firmly at the center of the emerging world order than ever. So far, the United States has not understood the need to consider the global outcomes of its recovery policies. Until the major powers can reach consensus about the roots of the imbalance and cooperate on policies to promote recovery, it is likely that the world economy will get worse before it gets better. The United States will drive the recovery process, but in order to do so effectively it will need to recognize its position of strength and negotiate the appropriate agreements with other major powers, especially China, on the pace and nature of the adjustment.
Topic:
Economics, Globalization, International Trade and Finance, and Monetary Policy
Political Geography:
United States, China, Europe, and London

5. The United States and India 3.0: Cave! Hic Dragones

Author:
Ashley J. Tellis
Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
The United States and India share the fundamental objective of preserving an Asia that is peaceful, prosperous, and free. Without security, India's meteoric rise cannot continue. While New Delhi can manage Pakistan, its longtime regional adversary, it will have more difficulty confronting the challenges posed by a rising China. As a result, India will continue to depend on the United States to preserve order in Asia until it can protect its own interests there.
Topic:
Ethnic Conflict, Terrorism, Power Politics, and Bilateral Relations
Political Geography:
Pakistan, United States, China, India, and Asia

6. Sharing the Pain: The Global Struggle Over Savings

Author:
Michael Pettis
Publication Date:
11-2009
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
In September, the Obama administration imposed tariffs on Chinese tires. In October, the U.S. Department of Commerce announced it would launch an investigation into imports of seamless steel pipes from China. That same month, the U.S. Chamber of Commerce and the U.S.–China Business Council, two groups that in the past have defended Chinese policies, testified to the Office of the U.S. Trade Representative that Chinese contracting rules, technical standards, and licensing requirements were protectionist.
Topic:
Economics, Globalization, Foreign Direct Investment, and Financial Crisis
Political Geography:
China, Middle East, and Asia

7. Avoiding Mutual Misunderstanding: Sino-U.S. Relations and the New Administration

Author:
Tianjian Shi and Meredith Wen
Publication Date:
01-2009
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
After the election of Barack Obama as president, Carnegie's Beijing Office assembled a group of leading scholars of international relations to discuss their expectations of the new administration. This policy brief conveys their opinions on various aspects of Sino-American relations and on America foreign policy in general.
Topic:
International Relations, Foreign Policy, and International Trade and Finance
Political Geography:
United States, China, and Beijing

8. Asia — Shaping the Future

Author:
Douglas H. Paal
Publication Date:
06-2008
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
Washington has no proactive vision toward a “rising Asia”; “more of the same” will not advance U.S. interests. Decide early on clear U.S. strategic objectives in the region, and signal to China where constructive cooperation will lead. Appoint a high-level advocate for Asia befitting its status as the new global “center of gravity.” Prioritize the bewildering alphabet of organizations and venues to achieve those objectives. Consider inviting China and India to join the G8. Anticipate greater Chinese and Indian military and trade capabilities by developing new multilateral security and economic arrangements in the region. Avoid coalitions based on common values or democracy. Asia is too diverse and complicated for them to succeed. Ditch the “war on terror” rhetoric, which has proved divisive and counterproductive.
Topic:
Foreign Policy, Defense Policy, Diplomacy, and International Cooperation
Political Geography:
China, Washington, India, and Asia

9. Breaking the Suicide Pact: U.S.–China Cooperation on Climate Change

Author:
William Chandler
Publication Date:
03-2008
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
The United States and China seemingly remain locked in a climate suicide pact, each arguing the other is the reason for inaction. U.S.–China climate cooperation is urgently needed to avert climate disaster. The current situation of the energy sectors in the United States and China offers a solution. China and the United States can set and cooperate to achieve national goals and implement enforceable measures. If this U.S.– China policy experiment works, China and the United States could develop packages of policies and measures, test them for efficacy, correct them, and share them with other countries.
Topic:
Energy Policy, Environment, Industrial Policy, International Trade and Finance, and Markets
Political Geography:
United States, China, and Asia

10. China's Economic Rise -- Fact and Fiction

Author:
Albert Keidel
Publication Date:
07-2008
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
China's economy will surpass that of the United States by 2035 and be twice its size by midcentury, a new report by Albert Keidel concludes. China's rapid growth is driven by domestic demand—not exports—and will sustain high single-digit growth rates well into this century. In China's Economic Rise—Fact and Fiction, Keidel examines China's likely economic trajectory and its implications for global commercial, institutional, and military leadership.
Topic:
Economics, Globalization, and International Trade and Finance
Political Geography:
United States, China, and Asia