The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. In State Capitalism, Joshua Kurlantzick ranges across the world—Brazil, China, Russia, South Africa, Thailand, Turkey, and more—and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy.
The risk of a military confrontation between China and Vietnam is rising, fueled by a race for regional influence and increasing nationalism in both countries. What can the United States do to defuse tension in the region and help avert a serious international crisis? Read the Asia Program’s latest Contingency Planning Memorandum to find out.