POLI 360 Lecture 12: Poli 360a Feb 14
Document Summary
The relationship between trade and war is non-linear. It can either lead to more war (vulnerability) or less war (interdependence) It either backs you into a corner and cuts out your options, or increases the opportunity cost of fighting to the point where it is no longer a smart more. Second largest economy in the world (11. 4 to usa 18 trillion) Projected that in 2025, china will become bigger than the us (in terms of gdp) But, that can change; chinese growth is a function of the world trading environment. In order to be a great power you need to convert your gdp into military power. Japan even though huge economy is not a great power (small army) Chinese defense budget has increased 500% between 2000-2015. China is a great power, and a rising one (us considered by some a declining power) China"s growth is largely due to trade.
