Here are a couple of interesting articles from PACOM. The first is an interview with AEI's chair in political economy, Nicholas Eberstadt. It ran in the South Korean press.
'[A nuclear North Korea] would have a terrible economic impact on the entire region, a very big business impact,' he said. 'A downturn in this important region of the world economy translates very quickly into high urban unemployment rates in China. And if China is not afraid of North Korean nuclear weapons, I can promise you the Chinese government will be afraid of high rates of urban, male unemployment.'There's quite a bit of interesting thinking in the interview.
Meanwhile, over at The Australian, Greg Sheridan tries to explain three underplayed stories in Japan, and what they mean for the future of the Australian - Japanese alliance. His thought: they will become closer to each other, but also to the United States.
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