In the US, national defence and business interests have always driven policy outcomes. After Trump’s victory in Iowa, the silence from those with the biggest stakes in Pax Americana should provoke disquiet.
With deep structural problems afflicting the US-China relationship, Asia must take the lead in charting a future that maintains peace and prosperity in the region.
While the Biden administration made strides in Asia in 2023, a confluence of factors could stymie Washington’s momentum in the region in 2024, writes Ryan Hass (Brookings).
‘If fragmentation deepens, we could find ourselves in a new cold war,’ International Monetary Fund’s Gita Gopinath says at the 20th World Congress of the International Economic Association.