Weaponized Interdependence

The Economist – “[It is tempting for] hardliners in Washington to “weaponise interdependence”, as Henry Farrell of George Washington University and Abraham Newman of Georgetown University put it in a recent influential paper.

The Economist (June 6 2019) writes about how:

bottlenecks, and America’s direct or indirect sway over many of them, makes it tempting for hardliners in Washington to “weaponise interdependence”, as Henry Farrell of George Washington University and Abraham Newman of Georgetown University put it in a recent influential paper. America has threatened to cut off foreign financial institutions from the swift banking network and the dollar clearing system for doing business with countries or entities it does not like. The Huawei ban applies to foreign firms if at least one-quarter of their technology originates in America (hence Arm’s decision to stop licensing the Chinese firm). Read the full article here