Fairy Tale of American Decline and China’s Rise

Has the power and influence of the United States declined in recent years? Does the current global recession, the outcome of the US invasion of Iraq and the resilience of the Taliban in Afghanistan provide adequate rationale to profess waning of US influence? Has China's power and influence grown to an extent that can effortlessly put it on the top of the global hierarchy of power? Is the US–China interdependence equitable enough to work as a deterrent against unbolted conflict?

Read More

Name of the Game Is Interdependence

Lawrence Summers, United States President Barack Obama's chief economic advisor and formerly secretary of treasury in the second term of the Clinton administration, once said that there was a ‘balance of financial terror’ between the US and its financial creditors, primarily China and Japan. Today, China, holding some $800 billion in US treasury bonds and some $2 trillion worth of currency reserves wields financial terror against the US.

Read More

Obama’s Policy towards East Asia

President Barack Obama's foreign policy orientation towards East Asia seems to be characterised by continuity rather than change, and is not so very different from that of his predecessors. With Japan and South Korea, Obama is trying to revitalise bilateral alliances. With China, he continues on his predecessor's policy of greater engagement, though he has offered some concessions during his visit to Beijing in November 2009. However, North Korea remains a real and huge challenge for Obama to test his engagement in East Asia.

Read More

Constitutional Impasse in Gilgit-Baltistan (Jammu and Kashmir): The Fallout

The legal status of Gilgit-Baltistan, which is part of Jammu and Kashmir that is under Pakistani occupation, has remained undefined in successive Pakistani constitutions. Pakistan governs the region with ad hoc presidential ordinances, resulting in transitory political arrangements. It was Prime Minister Benazir Bhutto who first introduced the so-called Northern Areas Governance Order of 1994, after shelving the draconian and inhumane Frontier Crimes Regulation, with which Pakistan ruled the region like a colony.

Read More