Increased international trade, and the lowering of barriers to such trade, frequently results in improved international relations, but it can also lead to trade wars and tariff disputes. RAND research explores bilateral and multilateral economic relations; describes how they affect global alliances, globalization, and the economic health of nations; and recommends methods to develop, encourage, and maintain these relations among diverse nations and cultures.
Explores the link between economic openness and companies' corporate governance practices in developing countries.
Media and policy sources often cite natural resources as a primary driver of tensions in the South and East China Seas. In reality, the region’s hydrocarbon potential is moderate. Resource issues function primarily as focal points for more powerful underlying drivers of domestic political legitimacy, popular nationalism, and regional order.
China is the controlling producer of 11 raw and semi-finished critical materials and has instituted export restrictions that create pressure to move manufacturing to China. Action is needed to mitigate the impact of such market distortions on the global manufacturing sector.
Despite its impressive size and population, economic vitality, and drive to upgrade its military capabilities, China remains a vulnerable nation surrounded by powerful rivals and potential foes. The key to understanding China's foreign policy is to grasp these geostrategic challenges, which persist even as the country comes to dominate its neighbors.
India and Pakistan each have a stake in influencing developments in Afghanistan and both countries engage in Afghanistan to advance their own respective geopolitical, defense, and economic objectives. However, India has far more to offer.
Turkey aspires to become a key transit state for moving both natural gas and oil from the Caspian region and from the broader Middle East via pipelines crossing its territory. U.S.-Turkish cooperation on energy security issues offers a promising yet modest opportunity to strengthen the bilateral relationship.
The sea lanes that supply Asia's energy needs are already vulnerable to geopolitical concerns and the threat of piracy. One approach to protecting them would be employ multiple U.S. military and government elements; a second would be to promote the capabilities of and cooperation among nations in the region.
This document synthesizes the discussion from a roundtable symposium RAND convened in January 2012 to explore the practical difficulties facing companies in complying with anti-corruption mandates and the challenges of corruption in foreign markets.
The partnership between China and Iran presents challenges to U.S. interests, including dissuading Iran from developing a nuclear weapons capability. An analysis of the factors driving Chinese-Iranian cooperation offers policy options for influencing this partnership to meet U.S. objectives.
Assesses the factors contributing to the decisions by the United States and Japan to join the Trans-Pacific Partnership, and the meaning of those decisions for bilateral cooperation on trade expansion.
This binational reference for U.S. and Mexican policymakers presents the interrelated issues of Mexican immigration to the United States and Mexico's economic and social development.
To improve understanding of China's investment patterns, the authors analyze recent and proposed Chinese investment in companies in the United States, Europe, Asia, and the rest of the world.
To avoid direct military conflict with China, the United States should adopt a parallel strategy that strengthens the defense capabilities of China's neighbors while inviting China into cooperative security endeavors that benefit the interests of both nations.
As India and China continue to grow in prominence, each nation has certain advantages, but neither one is primed to have clear across-the-board competitive advantages over the other.
An assessment of likely demographic and economic challenges in the Arab world through 2020—such as population growth rates and continued global oil production—provides a better-informed platform on which to build U.S. defense planning and policy.
A new survey of Iranian public opinion finds that a majority of respondents oppose the re-establishment of ties with the United States, and a significant number also support the development of nuclear weapons.
Assesses the security and economic policy responses of a representative sample of Asian states to China between 1992 and 2008.
China's aerospace industry has advanced at an impressive rate over the past decade, partly due to the increasing participation of its aerospace industry in the global commercial aerospace market and the supply chains of the world's leading aerospace firms.
Assessing the full consequences of the global financial crisis that began in the summer of 2007 will require years, but it is possible now to examine how short-term linkages in different financial markets have changed since the onset of the crisis.
Testimony presented before the U.S. China Economic and Security Review Commission on January 27, 2011.