Books

For the United States, the dominant approach has been economic coercion. Despite applying stringent sanctions, the United States has been ineffective in convincing North Korea to give up its nuclear arsenal in return for a brighter economic and diplomatic future. The myriad U.S. sanctions have also failed to halt major progress in North Korea’s nuclear and missile programs. However, these setbacks have not caused the United States to change its strategy of economic coercion. On the contrary, the United States has considerably increased its use of this economic statecraft tool. In contrast, China has deepened its economic engagement with the North Korean regime since the late 2000s. Through the relationship between the Chinese Communist Party and its counterpart the Workers’ Party of Korea, China has cultivated and monetized political ties. Doing so has provided a powerful mechanism through which the Kim family regime—leaders of North Korea’s ruling and prosperous 1 percent—has shored up stability and thrived.

In his new book, The Avoidable War?, former Australian Prime Minister Kevin Rudd demystifies the actions of the U.S. and China, explaining and translating them for the benefit of the other. Geopolitical disaster is still avoidable, but only if these two giants can find a way to coexist without betraying their core interests through what Rudd calls “managed strategic competition.” Should they fail, down that path lies the possibility of a war that could rewrite the future of both countries, and the world.

Number One Realist illuminates Bernard Fall's study of political reconciliation in Indochina, while showing how his profound, humanitarian critique of war continues to echo in the endless conflicts of the present. It will challenge and change the way we think about the Vietnam War.

In The Devil Never Sleeps,  Juliette Kayyem lays the groundwork for a new “fail safely” approach to dealing with disasters. The book shares lessons on how to better prepare for that moment. Kayyem examines notable crises, like the Challenger explosion, California wildfires, and the power outage at Super Bowl XLVII, detailing the choices people made along the way and how they impacted outcomes.

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

While China is building nuclear reactors faster than any other country in the world, major constraints may limit nuclear energy’s ability to grow to the scale of hundreds of gigawatts that would be required for it to play a major part in decarbonizing China’s energy system. This chapter explores the major constraints on, and risks of, large-scale nuclear energy growth in China, and how both new policies and new technologies might address them. It focuses particularly on the two biggest constraints – economics and siting. Substantial government policies to support nuclear power and advanced reactor systems designed to address some of the key constraints are both likely to be needed for nuclear to have a chance of playing a major role in decarbonizing China’s energy system; nuclear energy’s role may be bigger in the second half of this century than in the first half.

How can China make good on its pledge to reach carbon neutrality by 2060? In Foundations for a Low-Carbon Energy System in China, a team of experts from China and the United States explains how China's near-term climate and energy policies can affect long-term decarbonization pathways beyond 2030, building the foundations for a smoother and less costly national energy transformation.

In Bullets Not Ballots, Jacqueline L. Hazelton challenges the claim that winning "hearts and minds" is critical to successful counterinsurgency campaigns. Good governance, this conventional wisdom holds, gains the besieged government popular support, denies support to the insurgency, and enables military and political victory. Hazelton argues that major counterinsurgent successes since World War II have resulted not through democratic reforms but rather through the use of military force against civilians and the co-optation of rival elites.

Since 2015 China has shown it is quickly modernising its nuclear force through adding more and “better” intercontinental ballistic missiles (ICBMs) and multiple independently targetable re-entry vehicles (MIRVs).Based on Chinese publications and Western governmental and non-governmental estimates, this author estimates that in 2020 China has a total inventory of approximately 360±50 nuclear warheads. This stockpile is likely to grow further over the next decade as additional nuclear capable missiles become operational. In particular, China nuclear force modernization has been driven mainly by expansion in US missile defence programmes as many Chinese believe. China’s arsenal may be somewhat larger than France’s but is much smaller than the US and Russia.