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Asia Policy

NBR is establishing a consortium of leading Asian research institutions and universities to support and extend the reach of Asia Policy, facilitating the exchange of regional and U.S. perspectives. NBR is pleased to have the S. Rajaratnam School of International Studies (RSIS) at Nanyang Technological University in Singapore, the College of Asia and the Pacific at the Australian National University, and the Center for Energy Governance and Security at Hanyang University in South Korea as consortium partners. For more information about the consortium, please contact

Asia Policy is a peer-reviewed scholarly journal presenting policy-relevant academic research on the Asia-Pacific that draws clear and concise conclusions useful to today’s policymakers.

Beginning in 2018 with volume 13, Asia Policy will be published quarterly in January, April, July, and October.

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Asia Policy Editors:

C. Christine Fair

Mark W. Frazier

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Asia Policy 11 (January 2011)

The eleventh issue of Asia Policy examines security and economic policy in Asia with contributions by five National Asia Research Program associates and fellows. Yasheng Huang offers a special essay on economic policy and development in China. Victor Cha analyzes regional security architectures and how U.S. alliances fit in. Christopher Twomey examines the implications of nuclear and strategic weapons for the Asian security environment. William Grimes assesses the likely future of Chiang Mai Initiative Multilaterization and whether an Asian monetary fund will arise. Christine Fair describes the use of asymmetric warfare and Islamic militancy in Pakistan’s foreign policy. The issue also includes a review essay by Sourabh Gupta of books on China’s and India’s rise, and reviews of recent books on Asia’s rise, civil society, and more.

Table of Contents

Special Essay
Rethinking the Beijing Consensus
Yasheng Huang

Complex Patchworks: U.S. Alliances as Part of Asia’s Regional Architecture
Victor D. Cha

Asia’s Complex Strategic Environment: Nuclear Multipolarity and Other Dangers
Christopher P. Twomey

The Asian Monetary Fund Reborn? Implications of Chiang Mai Initiative Multilateralization
William W. Grimes

The Militant Challenge in Pakistan
C. Christine Fair

Review Essays
When Sleeping Giants Awaken: China and India in the New World Order
Sourabh Gupta

Book Reviews
Book Reviews – Asia Policy 11
Robert H. Wade, Mike Danaher, Andrew Scobell, Richard P. Appelbaum, Yi Shang, Douglas Fuller, Nadeem Malik and Alexander L. Vuving