Please use this identifier to cite or link to this item: http://hdl.handle.net/10125/61914

The impact of the Trump Administration's Indo-Pacific strategy on regional economic governance

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Title:The impact of the Trump Administration's Indo-Pacific strategy on regional economic governance
Authors:Pitakdumrongkit, Kaewkamol Karen
LC Subject Headings:United States - Foreign economic relations - Asia
United States - Foreign economic relations - Pacific Area
Pacific Area - Foreign economic relations - United States
Asia - Foreign economic relations - United States
United States - Foreign economic relations - Indo-Pacific Region
show 1 moreIndo-Pacific Region - Foreign economic relations - United States
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Date Issued:2019
Publisher:Honolulu, HI : East-West Center
Series:East-West Center (Washington, D.C.). Policy studies;no. 79
Abstract:The Trump administration's Indo-Pacific regional economic governance strategy addresses trade, investment, and infrastructure development. Its reception by regional states varies by issue area, with infrastructure and investment being positively received, and trade being negatively received. To alleviate policy clashes and lessen the "noodle bowl" effect of overlapping rules and regulations, this paper suggests that American and Asian governments should: (1) immediately pursue collaboration in the areas of investment and infrastructure; (2) advance investment cooperation via capacity training and investment treaty consolidation; (3) enhance infrastructure collaboration via the Better Utilization of Investments Leading to Development Act of 2018 (or BUILD Act of 2018), joint ventures, public-private partnerships, and capacity training; (4) push forward trade cooperation via formal and Track 2 (informal networks) dialogue to facilitate a policymaking process; and (5) encourage more inter-bloc dialogue.
Description:For more about the East-West Center, see http://www.eastwestcenter.org/
Pages/Duration:xii, 51 p.
URI:http://hdl.handle.net/10125/61914
ISSN:1547-1349 (print)
1547-1330 (electronic)
ISBN:9780866382878 (print)
9780866382861 (electronic)
Appears in Collections: East-West Center (Washington, D.C.). Policy Studies


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