PICT110 Lecture Notes - Lecture 2: Stephen Walt, Anzus, Emerging Power

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(5/3) Week 2 Is the ANZUS alliance too costly for
Australia?
- US is priar alliae for Australia, alas aliged itself ith great ad poerful
fried ‘oert Mezies
- What are the alternatives? cost and benefits
THE PROBLEM
China rising
- Unprecedented growth (double digit)
- Surpassing the US in being most important trading in South east
Asia
- 2nd most important military in the region
- 1/3 of Australias eports go to Chia us iro ore
- Chinese investment in Aus is on the rise, including infrastructure
projects prompting the government to reject, on national
security grounds, a Chinese bid for a major electricity grid in NSW
- Education export boosting 50,000 Asias studig i AUS
- Largest buyer of gov. debt
- Big tourist attraction from Asia to Aus 1M
The Trump
Factor
- Engaging in trade war with South east Asia and Europe countries
Growing
US-China
Competition
- Time to be thinking of an independent defence policy if the US no
longer is around
- Chia as a peer opetitor i defee ad ilitar reisioist
poer ad the US ilitar has to prepare for takig o hia
- China is the most important two way trading partner for Australia,
yet US provides principal security guarantor
-
WHATS AN ALLIANCE
- Alliances are fora; ad iforal arrageets for seurit ooperatio etee
two or more sovereign states – Stephen Walt
- Sends a strong signal to aggressors
WHY ?
1. To balance against external threats; - concerned there is an exterstential threat
ad orried that ou ill ot e ale to support its self o its o, hee eeds
an alliance.
2. to pool their resources to aggregate power; - hence cheaper to share resources
e.g. NATO ties together 28 member states hence bringing different resources
to share and borrow
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Document Summary

(5/3) week 2 is the anzus alliance too costly for. Us is pri(cid:373)ar(cid:455) allia(cid:374)(cid:272)e for australia, al(cid:449)a(cid:455)s alig(cid:374)ed itself (cid:449)ith (cid:858)great a(cid:374)d po(cid:449)erful frie(cid:374)d(cid:859) (cid:894) o(cid:271)ert me(cid:374)zies(cid:895) Surpassing the us in being most important trading in south east. 2nd most important military in the region. 1/3 of australia(cid:859)s e(cid:454)ports go to chi(cid:374)a (cid:894)(cid:271)u(cid:455)s iro(cid:374) ore(cid:895) Chinese investment in aus is on the rise, including infrastructure projects prompting the government to reject, on national security grounds, a chinese bid for a major electricity grid in nsw. Education export boosting 50,000 asia(cid:374)(cid:859)s stud(cid:455)i(cid:374)g i(cid:374) aus. Big tourist attraction from asia to aus 1m. Engaging in trade war with south east asia and europe countries. Time to be thinking of an independent defence policy if the us no longer is around. Chi(cid:374)a as a peer (cid:272)o(cid:373)petitor i(cid:374) defe(cid:374)(cid:272)e a(cid:374)d (cid:373)ilitar(cid:455) (cid:858)re(cid:448)isio(cid:374)ist po(cid:449)er(cid:859) a(cid:374)d the us (cid:373)ilitar(cid:455) has to prepare for taki(cid:374)g o(cid:374) (cid:272)hi(cid:374)a.

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