As last year's global shortage of petroleum and natural gas showed, the world can no longer keep up with the demands of continued population growth and economic expansion. Indeed, the competition for natural resources is intensifying. And with four-fifths of the world's oil reserves lying in politically unstable areas, with diamond and timber wars already raging in Central Africa, and with many regions suffering persistent drought, resource competition could easily turn into open conflict. Governments now see the acquisition and protection of natural resources as a national security requirement -- and one they are prepared to fight for.
Fueled by dramatic economic growth, the nations of East and Southeast Asia are engaged in an arms race that shows every sign of accelerating. These countries are importing not only complex weapon systems but, more important, the technology with which to manufacture them. Since longstanding territorial and border disputes remain (most notably in the South China Sea) and the twin threats of China and Japan loom large, the potential for conflict is great. Without arms control and regional security measures, the Pacific Rim could one day be the site of a major conflagration.
