At the crossroads : the TPP, AIIB, and Japan's foreign economic strategy

dc.contributor.author Katada, Saori N.
dc.date.accessioned 2016-07-15T21:23:58Z
dc.date.available 2016-07-15T21:23:58Z
dc.date.issued 2016-05
dc.description For more about the East-West Center, see <a href="http://www.eastwestcenter.org/">http://www.eastwestcenter.org/</a> en_US
dc.description.abstract In 2015, two mega-initiatives took shape that will affect economic relations in the Asia-Pacific region: the US-promoted Trans-Pacific Partnership (TPP) trade agreement and the China-led Asian Infrastructure Investment Bank (AIIB). Although they address different needs, both are expected to have profound effects on Asia's economic governance in the near future, and will shape economic norms in the Asia Pacific and beyond. Japan has joined the TPP but stayed out of the AIIB, decisions that might seem counterintuitive considering its history of resisting trade liberalization and of promoting infrastructure investment. Is Japan simply favoring its US ally over rival China? Or is it that Japan's position on the TPP and AIIB aligns with its own economic priorities, and enhances its geoeconomic advantage? With a US-China competition over economic ideas and regional strategies, Japan occupies a unique position that may allow it to influence the direction of Asia-Pacific economic governance, which is now being battled out by the two "titans." en_US
dc.format.extent 8 p. en_US
dc.identifier.uri http://hdl.handle.net/10125/42176
dc.language.iso en-US en_US
dc.publisher Honolulu, HI : East-West Center en_US
dc.relation.ispartofseries AsiaPacific issues;no. 125
dc.subject.lcsh Service industries - China en_US
dc.subject.lcsh Competition - Government policy - China en_US
dc.title At the crossroads : the TPP, AIIB, and Japan's foreign economic strategy en_US
dc.type Report en_US
dc.type.dcmi Text en_US
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