Lieber ‘5 (Robert, Professor of Government and International Affairs at Georgetown University,The American Era: Power and Strategy for the 21st Century, p. 174)
Taken together, these Asian involvements are not without risk, especially vis-a-vis North Korea, China-Taiwan, and the uncertain future of a nuclear-armed Pakistan. Nonetheless, the American engagement provides both reassurance and deterrence and thus eases the security dilemmas of the key states there, including countries that are America's allies but remain suspicious of each other. Given the history of the region, an American withdrawal would be likely to trigger arms races and the accelerated proliferation of nuclear weapons. It is thus no exaggeration to describe the American presence as providing the "oxygen" crucial for the region's stability and economic prosperity.
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