Cold War 2.0? Navigating economic development under increased geopolitical tensions

In December 2017, the US National Security Strategy introduced the notion of a "new era of strategic competition," describing its once-close economic partner, China, as an "adversary," "rival" and "strategic competitor." Some foreign policy analysts point to a...

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Bibliographic Details
Published in:Asian security (Philadelphia, Pa.) Pa.), 2024-05, Vol.20 (2), p.72-88
Main Author: Mendoza, Ronald U.
Format: Article
Language:English
Subjects:
Cold War
Economic development
Foreign policy
Geopolitics
National security
Online Access:Get full text
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Summary:In December 2017, the US National Security Strategy introduced the notion of a "new era of strategic competition," describing its once-close economic partner, China, as an "adversary," "rival" and "strategic competitor." Some foreign policy analysts point to a looming second cold war - this time between the United States and China. This paper synthesizes the emerging literature in this area, acknowledges the ongoing debates on whether a new cold war has dawned, and draws on insights from the first cold war precisely to establish key differences in contexts. It concludes by outlining some initial policy guidelines for countries navigating the present geopolitical context.
ISSN:1479-9855
1555-2764
DOI:10.1080/14799855.2024.2413045