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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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Beyond the Brink - Escalation and Conflict in U.S.-China Economic Relations (Paperback)
Loot Price: R1,366
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Beyond the Brink - Escalation and Conflict in U.S.-China Economic Relations (Paperback)
Series: CSIS Reports
Expected to ship within 12 - 17 working days
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As the United States and China mark their 40th anniversary of
formal diplomatic relations in 2019, the world's most important
bilateral relationship is increasingly defined by mistrust,
competition, and uncertainty. After four decades of deepening
economic integration, the talk in Washington today is about the
extent to which the two economies will "decouple" over the years
ahead. We drew on several different academic disciplines to help us
model how an economic conflict between the United States and China
could escalate and eventually de-escalate. Despite the challenges
inherent in modelling economic conflict, our model was validated to
a surprising extent by both our simulations and real-world
developments. The project produced several findings that were both
unexpected and relevant to policy, including that economic conflict
is likely to be an enduring feature of the U.S.-China relationship
for many years to come. Until perceptions of relative costs in the
two countries shift, Washington and Beijing seem set on a path of
continued escalation, no substantial trade deal, and at least
partial decoupling of their economies. Reflecting on these
findings, the report also provides recommendations for U.S.
policymakers seeking to engage in successful economic bargaining
with China.
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