Mutually Assured Disruption: Globalization, Security, and the Dangers of Decoupling

The evolution of transnational production in the Asia-Pacific over the past few decades has been a force for peace. Critics of globalization and proponents of US-China economic decoupling advocate policies that would not only harm the global economy but would increase the likelihood of military conflict. This article focuses on the national security benefits of US-China economic engagement and the regional economic integration of East Asia. Government interventions to protect national security and build more resilience in supply chains are needed but should be limited in scope so as to avoid fundamental damage to the complex economic interdependence that has fostered growth and helped to deter war.