Last week, during his fourth visit to Asia in as many years, Barack Obama promoted his administration’s "Pacific pivot," intended to offset China’s growing influence, manage regional tensions, and defend US economic interests. How will this policy shift affect America’s position in the Middle East and globally? Can the US, with its military might and diplomatic clout, maintain peace in the Pacific, or will China’s rise inevitably lead to conflict?
The Crisis that Germany Needs
Barry Eichengreen
argues that the country's economic woes reflect decades-old institutions that are no longer fit for purpose.
