Asia-Pacific Economic Update. Volume 2. Connecting Economics to Security


Book Description

The three decades of economic growth in the Asia-Pacific region demonstrated to the world that economic prosperity through international trade and investment improves the domestic and international security for all participants. (1) In 1973, the Asia-Pacific region accounted for just 15% of the world's economic output. By 2000, the region's share was 27% of world output when measured on an exchange rate basis. (2) Today, when measured on a purchasing power basis, the Asia-Pacific region is home to the world's second and third largest economies-China and Japan. The region's growth reflects a combination of quantitative and qualitative factors. Also, when growth falters, the mismanagement of these factors is evident. These factors include: (1) Relatively open economies characterized by vigorous trade and investment ties with the United States, Japan, and Europe. (2) High inflows of capital and labor to modern, internationally-oriented sectors. (3) High rates of national saving and aggressive investment in physical and human capital. (4) Stable macroeconomic policies conducive to investment and commercial activity. (5) Pro-market government interventions intended to steer resources into more productive activities. (6) Reliance on cultural factors that value education and a strong work ethic. Trade, investment, and aid are like steel girders in a bridge, buttressing the economies of the Asia-Pacific region and interlocking their common security. (1) Developing Asia produced 20% of the world's total exports in 2000, while the United States exported 13% and Japan produced 8%. (2) Asia-Pacific trade is multi-polar in nature, with neither the United States nor Japan being the single, dominant trade partner of Developing Asia.




World Scientific Reference On Asia-pacific Trade Policies (In 2 Volumes)


Book Description

Protectionism has been placed under the media spotlight, with news headlines generated by populist anti-globalization movements and Donald Trump's term as US President. Such a policy stance is putting at risk unilateral trade reform efforts in the Asia-Pacific region and elsewhere.This two-volume reference work provides a timely update on how far the region has come in opening markets. It analyzes the motivations or ostensible objectives of policies adopted in the past, the changing extent of the domestic price distortions involved, the economic effects of those policies at home and abroad, the political economy forces at work that brought about those policies and their subsequent reform, their consequences for international trade, economic welfare and poverty alleviation, and prospects for sustainable improvements in current policies. Case studies of major East Asian economies and Australia reveal how government priorities to assist farmers versus manufacturers changed over the past century but especially since the 1980s, and how that has affected trade between natural resource-poor and resource-rich economies.This set is highly recommended for those who are interested in the economics and politics of trade policies, agricultural economics, economic development, and food and nutrition security in the Asia-Pacific region and beyond.




United States Pacific Command, Asia-Pacific Economic Update


Book Description

This year's Economic Update attempts to contribute to a Pacific Command perspective on the economic challenges confronting the Asia Pacific. Section 1 provides an overview of the causes and consequences of the economic crisis, points to some of the political and security implications, and discusses the role of U.S. policy in helping the region to manage the challenges ahead. Section II offers a description of dynamic growth in the Asia-Pacific region over the last quarter century and a summary of trade and investment, which continue to be robust despite the recent turmoil. Section III turns to issues that form the nexus between economics and security in Asia, including energy, shipping, defense spending, and the arms trade. Also included is an appendix that contains extensive economic data on the countries of the region. A central conclusion of the report is that Asia Pacific economies retain fundamental strengths that should enable them to prosper again in the near future. Indeed, many will emerge from the crisis stronger and more dynamic than ever before.




Linking Trade and Security


Book Description

​The connections between trade and security are hardly new. Analysts and practitioners have clearly recognized this interrelationship since the mercantilist arguments of the 16th and 17th centuries. Despite wishful economic liberal thinking that might prefer to separate the political from the economic, it is widely recognized that trade and security are fundamentally interconnected in the foreign policy of states. Over time, as new forms of trade policy have come into being and the international security environment has evolved, the nexus of these two spheres has grown more complex and scholars have struggled to understand their interconnection This edited volume addresses linkages between trade and security by examining the influence of security factors in driving trade policy measures and the corresponding implications of different types of trade arrangements for international security. Ultimately, the project shows that several elements—traditional economic factors, traditional security factors, and human security factors—can affect the development of trade agreements and unilateral policies, and that trade policies may have both a direct and an indirect effect on traditional and human security. The project focuses on Asia, a region where economics is increasingly important but many security issues still linger unresolved, as a primary setting to test trade linkage theories. It also provides a comparative perspective through examination of how the EU and US have used their trade policies to achieve non-economic goals and how these policies have influenced their security environment. Case studies in this project cover key trade institutions and agreements including the World Trade Organization, the Association of Southeast Asian Nations, ASEAN Plus Three, the East Asia Summit, the Asia-Pacific Economic Cooperation forum, the Shanghai Cooperation Organization, and bilateral preferential trade agreements.




Eating Grass


Book Description

The history of Pakistan's nuclear program is the history of Pakistan. Fascinated with the new nuclear science, the young nation's leaders launched a nuclear energy program in 1956 and consciously interwove nuclear developments into the broader narrative of Pakistani nationalism. Then, impelled first by the 1965 and 1971 India-Pakistan Wars, and more urgently by India's first nuclear weapon test in 1974, Pakistani senior officials tapped into the country's pool of young nuclear scientists and engineers and molded them into a motivated cadre committed to building the 'ultimate weapon.' The tenacity of this group and the central place of its mission in Pakistan's national identity allowed the program to outlast the perennial political crises of the next 20 years, culminating in the test of a nuclear device in 1998. Written by a 30-year professional in the Pakistani Army who played a senior role formulating and advocating Pakistan's security policy on nuclear and conventional arms control, this book tells the compelling story of how and why Pakistan's government, scientists, and military, persevered in the face of a wide array of obstacles to acquire nuclear weapons. It lays out the conditions that sparked the shift from a peaceful quest to acquire nuclear energy into a full-fledged weapons program, details how the nuclear program was organized, reveals the role played by outside powers in nuclear decisions, and explains how Pakistani scientists overcome the many technical hurdles they encountered. Thanks to General Khan's unique insider perspective, it unveils and unravels the fascinating and turbulent interplay of personalities and organizations that took place and reveals how international opposition to the program only made it an even more significant issue of national resolve. Listen to a podcast of a related presentation by Feroz Khan at the Stanford Center for International Security and Cooperation at cisac.stanford.edu/events/recording/7458/2/765.




Economic Security: Neglected Dimension of National Security ?


Book Description

On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.




Global Trends 2040


Book Description

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.




Rethinking Vietnam


Book Description

A uniquely comprehensive overview of a fascinating and rapidly changing country, dealing with the politics, economics, society and foreign policy of Vietnam from the Doi Moi reforms of market socialism in 1986 to the present day. Drawing on fieldwork and analysis by an international team of specialists this book covers all aspects of contemporary Vietnam including recent history, the political economy, the reform process, education, health, labour market, foreign direct investment and foreign policy. The contributors show how the blurring of old and new pressures and traditions within Vietnam requires a more complex analysis of the country than might initially be assumed.







APEC Privacy Framework


Book Description