East Asia is likely to grow in economic importance to the United States in coming years, but that makes it even more essential for Washington to simultaneously reduce the military burden on the American economy and force its trading partners to bear the full cost of their own defense. Otherwise U.S. firms will have difficulty taking advantage of expanding economic opportunities in the region.

More on East Asia

Commentary

Look out, Asia: China’s Peaceful Rise Is Over

By Doug Bandow. National Interest (Online). July 18, 2016.

Why the South China Sea Verdict Is Likely to Backfire

By Ted Galen Carpenter. National Interest (Online). July 13, 2016.

Charting a Free Market Course for UK Trade Policy

By Simon Lester. Huffington Post. July 7, 2016.

Cato Studies

Property Rights and Financial Development: The Legacy of Japanese Colonial Institutions

By Dongwoo Yoo and Richard H. Steckel. Research Briefs in Economic Policy No. 56. July 20, 2016.

25 Years of Reforms in Ex-Communist Countries: Fast and Extensive Reforms Led to Higher Growth and More Political Freedom

By Oleh Havrylyshyn, Xiaofan Meng, and Marian L. Tupy. Policy Analysis No. 795. July 12, 2016.

Japan’s Security Evolution

By Jennifer Lind. Policy Analysis No. 788. February 25, 2016.

Articles

The Korea Syndrome: An Examination of War-Weariness Theory

Brad Stapleton. Journal of Cold War Studies. Vol. 17. No. 3. Summer 2015.

The Contradictions of U.S. China Policy: Implications for the U.S. Air Force

Justin Logan. The Asia-Pacific Century: Challenges and Opportunities. 2013.

U.S. Policy toward the Two Koreas after the U.S. and ROK Elections in 2012

Doug Bandow. International Journal of Korean Studies. Vol. 16. No. 2. Winter 2012.

Cato Reviews & Journals

Markets over Mao: The Rise of Private Business in China

James A. Dorn. Cato Journal. Fall 2015.

China’s Political-Economic Institutions and Development

Chenggang Xu. Cato Journal. Fall 2015.

Defending Sweatshops

Pierre Lemieux. Regulation. Summer 2015.

Events

The Cultural Revolution: A People’s History, 1962–1976

Featuring Xia Yeliang and Marian L. Tupy. April 25, 2016. Book Forum.

Japan’s Security Evolution

Featuring Jennifer Lind and Christopher A. Preble. March 29, 2016. Policy Forum.

The Deteriorating State of Human Rights in China

Featuring Xia Yeliang and Ian Vásquez. November 23, 2015. Policy Forum.

Speeches