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Competitiveness Impact – War and Stability - West coast debate

Competitiveness Impact – War and Stability

Collapse of US economic leadership causes global conflict and nuclear escalation.
Aaron

Friedberg and

Gabriel

Schoenfeld

, professor of politics and international relations at Princeton’s Woodrow Wilson School and visiting scholar at the Witherspoon Institute, 10/21/

2008

, “The Dangers of a Diminished America ,” Wall Street Journal, http://online.wsj.com/article/SB122455074012352571.html

Then there are the dolorous consequences of a potential collapse of the world's financial architecture

.

For decades

now,

Americans have

enjoyed the advantages of being at the center of that system

. The worldwide use of the dollar, and the stability of our economy, among other things, made it easier for us to run huge budget deficits, as we counted on foreigners to pick up the tab by buying dollar-denominated assets as a safe haven. Will this be possible in the future? Meanwhile,

traditional foreign-policy challenges are multiplying. The threat from al Qaeda and Islamic terrorist affiliates has not been extinguished. Iran and North Korea are continuing on their bellicose paths, while Pakistan and Afghanistan are progressing smartly down the road to chaos. Russia's new militancy and China's seemingly relentless rise also give cause for concern. If America now tries to pull back from the world stage, it will leave a dangerous power vacuum

.

The stabilizing effects of our presence in Asia, our continuing commitment to Europe, and our position as defender of last resort for Middle East energy sources and supply lines could all be placed at risk. In such a scenario there are shades of the 1930s, when global trade and finance ground nearly to a halt, the peaceful democracies failed to cooperate, and aggressive powers led by the remorseless fanatics

who rose up on the crest of economic disaster exploited their divisions. Today

we run the risk that rogue states may choose to become ever more reckless with their nuclear toys,

just at our moment of maximum vulnerability.
Sustaining US economic leadership key to the global stability.
Kati

Suominen

, Resident Fellow in Economics at the German Marshall Fund,

2012

, Peerless and Periled, p.14

The durability of the American order reflects its merits

and the absence of alternatives.

The American order is designed to advance growth and globalization and safeguard global stability. It is a coherent institutional and intellectual framework—one of rules-based institutions premised on free markets and good governance. It is a liberal order rooted not on notions of international anarchy or the failed experiment of history—coercion—but on open markets

, private property, and, when those are met, democracy. It

is not an order imposed, but an order adopted. It has prospered because of its built-in promise of mutual economic gains to its adherents

—gains unattainable by other means.

That practically all countries have joined it in the past six decades is a testimony to its exceptionalism

.
US competitiveness key to crisis de-escalation and global stability.
Ashley J.

Tellis

, Senior Associate, Carnegie Endowment for International Peace,

2010

, Power shift: How the West can Adapt and Thrive in an Asian Century, http://www.gmfus.org/galleries/pdf/GMFPower20Shift20Asia20Paper_for_web200128.pdf

The emerging Asian century undoubtedly represents a great opportunity for sustaining global prosperity. Yet because this era will be fundamentally different from the first iteration of the Asian miracle, in that

allies and competitors are now inextricably entwined in a dense web of transactions which increase absolute gains but unevenly

,

the United States and its partners face many more challenges in maintaining a stable geopolitical order

. In such circumstances,

the most effective strategy for Washington, as the leader of the transatlantic community, is not to retrench from its commitment to expanding the open economic system, but to maintain in good repair its own national power

and its constituent military prowess in

order to mitigate any tensions that may arise either regionally or globally between economic gains and international security

.
2010-07-19 18:44 Читать похожую статью
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