Changing demographics will force Japan and the “Asian Tigers” — Hong Kong, Korea, Singapore and Taiwan — to find ways to remain economically dynamic while increasingly looking after their elderly. How might public policy help accomplish this?
Russia's aggression abroad and repression at home have altered the basic assumptions of earlier Western policy. By misjudging the tolerance for aggression in Europe, Moscow is bringing on the encirclement it fears. The West is now better prepared to deal with any further aggression and more confident that Ukraine's future will be as part of an enlarged Europe.
China's North Korea policy seems to suffer from inertia and fear of upsetting the fragile status quo. The enduring goal is to defend Beijing's vital interests by all necessary means. These include preventing domestic insecurity and maintaining a stable buffer state at the gateway to China's political and economic heartland.
According to the International Monetary Fund, the U.S. and Chinese GDPs in 2015 are $18.4 trillion and $11.1 trillion, respectively. Current and impending conditions in both economies suggest that the estimates of when China will surpass the U.S. are likely premature, and by a substantial margin.