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This book explores the struggle between China and the United States to expand their influence in Asia through economic assistance and defensive alliances. It brings together the diverse viewpoints of scholars from various countries on how Asian countries will exploit this geo-strategic competition to pursue their national interests, while also balancing their relations with the two great powers. The book offers a valuable asset for all those who have an interest in great power politics and international relations, especially academics, policymakers and security experts.
This book examines the success of the US rebalancing (or pivot) strategy towards Asia, placing the US pivot in a historical context while highlighting its policy content and management dilemmas. Further, the contributors discuss the challenges and opportunities that each regional state confronts in responding to the US rebalancing strategy. In 2011, President Barack Obama laid out the framework for a strategic pivot of US policy towards the Asia Pacific region. Writers in this volume focus specifically on Asian perception of the strategy. Among the topics they explore are: China’s desire to be seen as equal to the US while maintaining foreign policy initiatives independent of the US strategic rebalance; the strengthening of Japan’s alliance with the US through its security policies; the use of US-China competition by South Korea to negotiate its influence in the region; and Australia’s embrace of the strategy as a result of foreign direct investment that provides economic benefits to the country.
This book explores the struggle between China and the United States to expand their influence in Asia through economic assistance and defensive alliances. It brings together the diverse viewpoints of scholars from various countries on how Asian countries will exploit this geo-strategic competition to pursue their national interests, while also balancing their relations with the two great powers. The book offers a valuable asset for all those who have an interest in great power politics and international relations, especially academics, policymakers and security experts.
This report seeks to clarify the stated objectives of the US rebalance strategy, reviewing regional responses, and assessing the status of the rebalance, which is critical to reinforcing regional stability by strengthening US relationships, presence, and capabilities. The authors evaluate both public statements and visible implementation of the rebalance strategy, as viewed not only from Washington but from regional capitals as well.
This book provides a multifaceted analysis of the so-called US 'rebalance' (or 'pivot') toward Asia by focusing on the diplomatic, military, and economic dimensions of the American policy shift in the Asia Pacific region.
In recent years the narrative surrounding China’s “peaceful rise” has given way to a more ominous story of friction, ambition, and great-power rivalry. As Chinese foreign policy has grown more nationalist and assertive, its intensifying competition with the U.S. has assumed center stage. The impact on China's neighbors, by contrast, and their evolving responses, have received comparatively less attention. The Realist theory of international relations suggests the rapid accumulation of power by one nation-state will prompt its neighbors and peers to adopt Balancing strategies. They will strive enhance their internal defense capabilities and forge new external security partnerships to hedge against this potential new threat. Have these predictions rung true? Are key Indo-Pacific capitals Balancing, and drawing closer to the U.S. as insurance against Chinese aggression? Or is China a new breed of rising power, challenging traditional theories of international relations in a newly-globalized, economically interdependent world? In Asia’s Quest for Balance: China’s Rise and Balancing in the Indo-Pacific leadingauthor-experts from Australia, India, Indonesia, Japan, Malaysia, Myanmar, the Philippines, Singapore, and Vietnam explore these questions and more, decoding China’s complex and evolving relationships with its neighbors and exploring how their responses are altering the security landscape of the region. Contributions by Jay L. Batongbacal, Elliot Brennan, Tetsuo Kotani, Evan A. Laksmana, Joseph Chinyong Liow, Hunter Marston, Rory Medcalf, Sylvia Mishra, C. Raja Mohan, Prashanth Parameswaran, Jeff M. Smith, Tran Truong Thuy, and Ha Anh Tuan
Given the strategic emergence of the Asia Pacific region there has been a significant rethinking on the need to develop and strengthen relationships within the region and also with the United States. Therefore its becomes important to analyze how the regional powers will position themselves vis-a-vis the United States and how they would respond to the rebalancing initiative. CPPR – Centre for Strategic Studies provided a platform for prominent strategists, think tank analysts, leading experts and academicians to discuss, debate and map the future US role in the Asia Pacific, in its 2 day international conference on U.S Rebalance and the Asia Pacific region.
The Asian model of export-led growth served it well in the post-war period, but prolonged sluggish growth of the developed economies following the global financial crisis, together with growing inequality and rising environmental problems, point to the need for a new growth model. The purpose of this book is to describe the challenges facing Asian economies in the post-global financial crisis environment and to identify structural issues and policies that can help guide Asian policymakers to expand the growth potential of domestic and regional demand in coming years, and thereby create a basis for balanced, sustainable, and inclusive long-term growth. These issues and policies span a variety of dimensions, including macroeconomic policy (monetary, fiscal, and foreign currency management), real sector issues (trade and industrial structure), infrastructure development, labor market and social policy, financial sector reform and regulation, and regional cooperation and architecture. Key recommendations to achieve these goals include measures to: deepen social protection to support social resilience; increase infrastructure investment to create a “seamless Asia”; enhance productivity in the services sector; establish a region-wide free trade agreement to encourage intraregional trade in goods and services and investment through economies of scale and dynamic efficiency of a larger market; promote a shift to a low-carbon society and support green growth; and deepen and integrate financial markets to facilitate the recycling of Asia’s high savings for investment within the region.
Barack Obama’s "rebalancing" or "pivot" strategy, intended to demonstrate continued US commitment to the Asia-Pacific region in a variety of military, economic, and diplomatic contexts, was launched with much fanfare in 2011. Implicit in the new strategy is both a focus on China – engagement with, and containment of – and a heavy reliance by the United States on its existing friends and allies in the region in order to implement its strategy. This book explores the impact of the new strategy on America’s regional friends and allies. It shows how these governments are working with Washington to advance and protect their distinct national interests, while at the same time avoiding any direct confrontation with China. It also addresses the reasons why many of these regional actors harbour concerns about the ability of the US to sustain the pivot strategy in the long run. Overall, the book illustrates the deep complexities of the United States’ exercise of power and influence in the region.
This collaborative volume​ discusses the One Belt One Road, or the New Silk Road, initiative of Chinese President Xi Jinping from the perspectives of the Belt and Road countries. This initiative has been viewed as a re-globalization drive by China in the backdrop of financial crisis of the West and the latter’s increasingly protectionist tendencies of late. Rather than ‘rebalancing’ towards a certain region, this is supposed to be China’s ‘global rebalancing’ aimed at inclusiveness and a win-win partnership. The initiative has raised hopes as well as suspicions about China's goals and intentions; that is, whether this is in sync with China’s foreign policy goals, such as multipolarity, no hegemonic aspirations, and common security, or if this is an antidote to the U.S. foreign policy goals in the region, and China’s ambition to realizing its long-term vision for Asian regional and global order. In this volume, a galaxy of eminent academics from India, China, Pakistan, Uzbekistan, Germany and Southeast Asia have critically analysed every aspect of this mammoth project, including the six major economic corridors identified by China for policy coordination, infrastructure connectivity, unimpeded trade, monetary circulation, and people to people exchanges. The authors have interpreted China’s peripheral, regional as well as global diplomacy both over land and sea. This topical volume is of interest to scholars and students of Asian studies, China studies, Asian history, development studies, international relations and international trade.