Current Trends in East Asia: Opportunities and Challenges

November 15, 2000

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Executive Summary

The decade ahead promises to be one of continued rapid change in East Asia, with one challenge that of balancing stability and development. In the political sphere, ideology is currently in decline, with nationalism on the rise. The division between hard authoritarian and democratic societies has been reduced, since most socialist states in the region can be defined as authoritarian-pluralist in nature. Economically, moreover, the trend towards a market economy can be expected to continue. The opportunities for further development are strong. Yet the challenges are no less significant: Can China make progress in facing its daunting economic problems and adjust to a more flexible political order? Can Japan tackle the need for further changes in its past economic strategy and find political leadership with greater vigor? Can the Russian Far East recover, and can Russia resume the role of major power in responsible fashion? Will the North-South Korean relationship continue to improve? Can Southeast Asia avoid a series of failing states? And most importantly, can the United States play a responsible role in the region while dealing with the problems of its own revolutionary development at home? These are the key issues that lie ahead.

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