Rebalancing Asia

Asia. Partnerships. Under. the. Scientific. Belt. &. Road. Initiative. Li Li and Jin Liu Abstract Innovation is a key word for poverty lifting and economic growth for genuine Asian rebalancing. Since the proposal of the Belt and Road ...

Author: Pramod Jaiswal

Publisher: Springer Nature

ISBN: 9811637571

Category: Social Science

Page: 232

View: 848

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.

Asia Pacific Countries and the US Rebalancing Strategy

The political environment of the SCS is dominated by two forces, one is US President Barack Obama's pivot to Asia, also known as the rebalancing to Asia; the other is the vision of Hu Jintao, former General Secretary of the Central ...

Author: David W.F. Huang

Publisher: Springer

ISBN: 1349934534

Category: Political Science

Page: 279

View: 787

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.

Rebalancing Growth in Asia

To help rebalance Asia's economies, private investment needs to be raised in some cases, such as the ASEAN-4, while in other economies, such as Japan and the NIEs, it needs to be reconfigured toward domestically oriented sectors.

Author: Mr.Vivek B. Arora

Publisher: International Monetary Fund

ISBN: 1616350563

Category: Business & Economics

Page: 180

View: 693

Asia’s recent economic performance has been remarkable. However, the rapid growth that Asia has experienced cannot be taken for granted. This volume analyzes Asia’s need to rebalance its growth model toward domestic demand and what that rebalancing would entail. It discusses the nature of the challenge across economies in the region.

Rebalancing to the Asia Pacific Region

So I think that if you look at the documents we have been publishing each year on China , which Congress requested of us , and that review and the product that came out of that , with the rebalance Asia - Pacific is a central piece of ...

Author: United States. Congress. House. Committee on Armed Services

Publisher:

ISBN:

Category: National security

Page: 80

View: 692


Origins and Evolution of the US Rebalance toward Asia

Abraham Denmark et al., “Regional Perspectives on US Strategic Rebalancing,” Asia Policy, no. 15 (January 2013). The Philippines are much less flexible with China than with Indonesia, Malaysia, or Singapore.

Author: H. Mejier

Publisher: Springer

ISBN: 1137440376

Category: Social Science

Page: 297

View: 851

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.

Assessing the Asia Pacific Rebalance

Shastri Ramachandran, “India Rejects Linchpin Role in U.S. Strategy to 'Rebalance' Asia,” InDepth News, June 13, 2012, http://www.indepthnews.info/index.php/global-issues/985-india-rejects-linchpin-role-in-us-strategy -to-rebalance-asia ...

Author: David J. Berteau

Publisher: Rowman & Littlefield

ISBN: 144224058X

Category: Political Science

Page: 46

View: 646

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.

Financial Integration and Rebalancing in Asia

Change in CA to GDP due to Increase in average across emerging Asia (excluding Hong Kong SAR and Singapore), ... are not necessarily the ones that would benefit most in terms of rebalancing from further financial integration due to ...

Author: Ms.Runchana Pongsaparn

Publisher: International Monetary Fund

ISBN: 1463922647

Category: Business & Economics

Page: 31

View: 365

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by various measures. The paper also provides empirical evidence that greater financial integration can support economic rebalancing in statistically meaningful ways. The implication is that in the debate on managing capital inflows the longer-term benefits of financial openness for broader-based growth should not be forgotten.

Rebalancing to the Asia Pacific Region and Implications for U S National Security

CONGRESSIONAL Achieving Strategic Rebalance in the Asia - Pacific Region Prepared Statement of Dr. Patrick Cronin TESTIMONY NewAmerican Security current wars , but also signaled growing concern about the potential long - term decline in ...

Author: United States. Congress. House. Committee on Armed Services

Publisher:

ISBN:

Category: National security

Page: 104

View: 237


Global Linkages and Economic Rebalancing in East Asia

Global rebalancing and regional economic cooperation in Asia (Global rebalance to Asia chiiki keizai kyoryoku). Ritsumeikan Journal of International Relations and Area Studies, 32, 51–58. (in Japanese) McKinsey Global Institute (2007).

Author: Shigeyuki Hamori

Publisher: World Scientific

ISBN: 9814412856

Category: East Asia

Page: 234

View: 456

In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that in the coming years, East Asia will play an even greater role as a growth center leading global economic expansion. Following the Asian currency crisis of 1997OCo98, consumption and investment in the region decreased considerably, and East Asian economies recovered on the strength of exports. Presently, however, amid a less-than-robust recovery in the US and Europe, the sustainability of East Asia''s reliance on export-led growth has been called into question. The region''s transition to growth based on a balance of foreign and domestic demand is important for both building a stronger foundation for sustainable growth and buttressing global economic expansion. Moreover, the rebalancing of demand in East Asia holds the key to rectifying global current account imbalances OCo the disadvantage of uneven international capital flows. This unique volume illuminates policy issues involved in the efforts to promote the rebalancing of demand in East Asia.

Rebalancing Economies in Financially Integrating East Asia

This will likely derail the supposed global rebalancing process (Kiguel and Levy-Yeyati, 2009). This in turn implies that only if China allows the renminbi to rise, will other Asian countries be likely to follow suit.

Author: Jenny Corbett

Publisher: Routledge

ISBN: 1317596463

Category: Business & Economics

Page: 270

View: 768

Since the Asian Financial Crisis (AFC) of 1997–98 large current account surpluses have accumulated in the countries of Asia and the Pacific with corresponding deficits elsewhere. The sharp plunge in global trade volumes during the global financial crisis has highlighted the need for ‘rebalancing’–focussing more on domestic sources of economic growth than on exports in some Asian economies. One key objective of the book is to elucidate the economic structures and policies that give rise to current account surpluses and imbalances and consider what policy adjustments could change them. Another objective is to show the link between financial systems, financial integration and the transmission of economic shocks between countries. The book offers new dimensions to understand ‘rebalancing’ and provides alternative and arguably more fundamental solutions to address imbalances. Rather than focusing on exchange rate misalignment, this book begins from the premise that the imbalances are a macroeconomic problem that reflects a mismatch between savings and investment in the surplus countries. Then, it examines exchange rate policies adopted by countries in the region and finds that part of the explanation for their currency strategy lies in their perceived need to build foreign exchange reserves to provide a buffer in case of instabilities. The book examines whether there are other possibilities for countries to insure against economic volatility by more actively and openly engaging with international capital markets. The studies show that closer financial integration, involving more open financial markets, with well-chosen partners, would be welfare-improving and should reduce the need for the counter-productive, self-insurance policies that result in foreign exchange accumulation.