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 priar alliae for Australia, alas aliged itself ith great ad poerful
fried ‘oert Mezies
- 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 Australias eports go to Chia us 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 Asias studig 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
- Chia as a peer opetitor i defee ad ilitar reisioist
poer ad the US ilitar has to prepare for takig o hia
- China is the most important two way trading partner for Australia,
yet US provides principal security guarantor
-
WHATS AN ALLIANCE
- Alliances are fora; ad iforal arrageets for seurit ooperatio etee
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
ad orried that ou ill ot e ale to support its self o its o, hee 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
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