Asia's Empty Tank

Asia`s emerging energy problems cut subtly across the conventional boundary between economics and security. They have been further masked by the temporary collapse of demand in many markets, such as eastern Europe, since 1990. But they are no less perilous for their obscurity. China has become and oil importer. Japan is a leading one, and South Korea is yet worse off. All are anxious about where the energy to fuel their powerhouse economies will come from. This newly significant insecurity exacerbates strains ranging from Chinese territorial disputes to the North Korean nuclear program to fears the region will draw to close to Iraq and Iran. Meanwhile, reserves are down there, but the region needs enormous assistance in tapping them. The United States and Japan, as Pacific powers, should help assure energy for Asia

Business · China · East Asia · Economics · Economy · International trade · Political science · Global Energy Security and Policy · International Development and Aid · Korean Peninsula Historical and Political Studies · Law

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