The need to build national resilience against acute shocks and longer-term threats is acknowledged in the UK government’s latest policy review. Diverting resources to this purpose is now the real challenge.
The UK’s National Risk Register ought to be more than a list of bad things which can happen to us. To learn the lessons from the coronavirus pandemic, it needs to be anchored in an improved risk management system which uses empowered analysis to anticipate – and therefore reduce – shocks.
As the UK considers an engagement strategy with the Indo-Pacific after Brexit, the Supply Chain Resilience Initiative offers a chance to build a free-trade bloc amongst ‘like-minded nations’ and deepen strategic ties in the region.
Realising a new approach to Beijing following the Integrated Review will require policymakers to acknowledge the significant historical baggage that comes with policy design in this area. Avoiding these pitfalls will be integral to ensuring a clear-eyed strategy for China.