Commentary
There is no better time for the countries of Southeast Asia to reconsider their energy security than during this latest crisis.
Gita Wirjawan
Research
The EU’s New Industrial Strategy and Global Disorder
The fear that Europe might ‘fall behind’ rival economic powers has long shaped European integration. In the present phase of global disorder, this fear has intensified.
By Scott Lavery
Published on Feb 17, 2026
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Endowment for International Peace
- Southeast Asia’s Agency Amid the New Oil Crisis
- Fuel Crisis Forces Politically Perilous Trade-Offs in IndonesiaCommentary
As conflict in the Middle East drives up fuel costs across Asia, Indonesia faces difficult policy trade-offs over subsidies, inflation, and fiscal credibility. President Prabowo’s personalized governance style may make these hard choices even harder to navigate.
Sana Jaffrey
- Europe Doesn’t Like War—for Good ReasonsCommentary
The wars in Ukraine and the Middle East are existential threats to Europe as a peace project. Leaders and citizens alike must reaffirm their solidarity to face up to today’s multifaceted challenges.
Marc Pierini
- In Its Iran War Debate, Washington Has Lost the Plot in AsiaCommentary
The United States ignores the region’s lived experience—and the tough political and social trade-offs the war has produced—at its peril.
Evan A. Feigenbaum
- What GDP Means in a Soft Budget Economy Like ChinaCommentary
The GDP measure is an attempt to measure value creation in an economy. This measure, however, can vary greatly between economies that have disciplinary mechanisms that force them to recognize investment losses quickly and economies that don’t, and can postpone this recognition for many years.
Michael Pettis
