Video: Joseph Nye on the future of the US-China relationship

This is a very informed and thoughtful discussion of the US-China relationship.

Nye speaks for about 23 minutes then proceeds to questions.

At minute 9:40, Nye says:

Will China pass the United States in overall power? I don"t think so.

But one area where they will is in the total size of their economy. You have an economy of 1.3 billion people g rowing at 10% per year and another economy of 300 million people growing at about 2% per year, sooner or later, those curves intersect.....

It's not a question of whether China will have a larger economy than the the United States. It almost certainly will, just becasue of sheer size. It's whether there will be a Chinese power which will be greater than American power overall. And there you have to look at questions? of not just the total size of an economy but at per capita income. How rich is an economy, which is another measure of how sophisticated an economy is. And if you look at per capita income, China will not pass the United States until well into this century, if then.

From Wikipedia (here): Joseph Samuel Nye, Jr. (born January 19, 1937) is an American political scientist and former Dean of the John F. Kennedy School of Government at Harvard University. He currently holds the position of University Distinguished Service Professor at Harvard Universitywhere he has been a member of the faculty since 1964. He is also the co-founder, along with Robert Keohane, of the international relations theory neoliberalism, developed in their 1977 book Power and Interdependence. Together with Keohane, he developed the concepts of asymmetrical and complex interdependence. They also explored transnational relations and world politics in an edited volume in the 1970s. More recently, he pioneered the theory of soft power. His notion of "smart power" became popular with the use of this phrase by members of the Clinton Administration, and more recently the Obama Administration. Nye also serves as a Guiding Coalition member for the Project on National Security Reform.

Source: http://daveporter.typepad.com/global_strategies/2012/11/video-joseph-nye-on-the-future-of-the-us-china-relationship.html

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