Publication

This paper takes stock of the future challenges for transatlantic-pacific cooperation, focusing on 1) the impact of China’s rise on the global trade and financial system; 2) the policy implications of prominent regional issues, such as Russia’s annexation of Crimea, and 3) lingering disagreements over the rules and norms governing the global commons. The author concludes that Europe, the US and the Asia-Pacific as a whole all stand to lose if they cannot form a shared approach to sustaining and updating the rules-based international order. The key question is whether, amid a fragmenting world order, enough political will can be generated to address this problem as well as reverse negative trends.