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

A Naval Race with China Is Unnecessary and Will Likely Backfire

By John Glaser. Sacramento Bee. June 14, 2018.

If Anyone Gets the Nobel, It’s Moon and Kim

By Doug Bandow. Foreign Policy. June 13, 2018.

5 Steps to Take After Trump’s North Korea Summit

By Doug Bandow. National Interest (Online). June 13, 2018.

Cato Studies

Avoiding a Korean Calamity: Why Resolving the Dispute with Pyongyang Requires Keeping the Peace

By Doug Bandow. Policy Analysis No. 840. April 26, 2018.

Where’s the Beef? Finding a Better Way to Resolve U.S.-China Trade Conflicts

By Simon Lester and Huan Zhu. Free Trade Bulletin No. 71. November 8, 2017.

Responsible Stakeholders: Why the United States Should Welcome China’s Economic Leadership

By Colin Grabow. Policy Analysis No. 821. October 3, 2017.

Articles

Why Indonesia Must Embrace Liberal Economic Reforms

Steve H. Hanke. Strategic Review. Vol. 7. No. 4. October 2017.

US Toppled Suharto but Learned Little

Steve H. Hanke. OMFIF Bulletin. August 14, 2017.

The Korea Syndrome: An Examination of War-Weariness Theory

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

Cato Reviews & Journals

China’s Great Migration: How the Poor Built a Prosperous Nation by Bradley M. Gardner

Daniel Griswold. Cato Journal. Winter 2018.

What I Learned in North Korea

Doug Bandow. Policy Report. November/December 2017.

The Little-Known Story of Milton Friedman in China

Julian Gewirtz. Policy Report. September/October 2017.

Events

#CatoConnects: After the North Korea Summit

Featuring Doug Bandow, Eric Gomez, and Caleb O. Brown. June 13, 2018. Cato Connects.

How Do You Solve a Problem Like North Korea?

Featuring Governor Bill Richardson, Joe Cirincione, Suzanne DiMaggio, Eric Gomez, Joshua Pollack, Michael Auslin, Doug Bandow, John Glaser, Rajan Menon, & Ted Galen Carpenter. November 6, 2017. Conference.

Terror, Propaganda and the Birth of the “New Man”: Experiences from Cuba, North Korea, and the Soviet Union

Featuring Andrei Illarionov, Marian L. Tupy, Andrei Lankov, & Yuri Pérez. October 16, 2017. Policy Forum.

Speeches