ASEAN Centrality and the ASEAN-US Economic Relationship


Book Description

The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through "centrality" in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development.




China, The United States, and the Future of Southeast Asia


Book Description

Distinguished experts explain the economic trends and varied political goals at work in Southeast Asia. With China’s emergence as a powerful entity in Southeast Asia, the region has become an unlikely site of conflict between two of the world’s great powers. The United States, historically regarded as the protector of Pacific Southeast Asia—consisting of nations such as Vietnam, the Philippines, Myanmar, and Malaysia—is now called upon to respond to what many would consider bullying on the part of the Chinese. These and other countries have become the economic and political engine of China. While certainly inclined to help the country’s former allies, the United States has grown undeniably closer to China in the recent decades of global interconnected economic growth. China, the United States, and the Future of Southeast Asia uncovers and delves into the complicated dynamics of this situation. Covering topics such as the controversial response to human rights violations, the effects of global economic interconnectedness, and contested sovereignty over resource-rich islands, this volume provides a modern and nuanced perspective on the state of the region. For anyone interested in understanding the evolving global balance of power, China, the United States, and the Future of Southeast Asia illuminates how countries as different as Thailand and Indonesia see the growing competition between Beijing and Washington.







Economic Exchange and Social Interaction in Southeast Asia


Book Description

Economic behavior is governed by two major sets of boundary conditions: environmental and technological factors on the one hand, and conditions of social organization on the other hand. Indeed, social scientists are often particularly interested in the framework of exchange relationships: exchange of goods, services, personnel, and information. Economic exchanges lend concrete manifestations to social relations that themselves may transcend the economic realm and that otherwise are often difficult to trace. Yet in social science research in Southeast Asia, the area of economic studies has lagged behind, despite the great study potential represented by the tremendous diversity of its physical and human environment. Economic Exchange and Social Interaction in Southeast Asia attempts to take advantage of that opportunity. As a number of the contributions to this volume show, many if not most of the systems organized on very different levels of integration interact with each other. Taken as a whole, they provide evidence of the incredible diversity of economic and social systems that may be investigated in Southeast Asia.




When East Asia Meets Southeast Asia: Presence And Connectedness In Transformation Revisited


Book Description

This book intends to examine the relationship between East Asia and Southeast Asia across three themes: historical perspectives, economic flows of capital and people, and socio-cultural connections. While a substantial number of chapters in the book focus on overseas Chinese (living in Indonesia) and their connections with China and Taiwan historically and contemporarily, they also provide in-depth knowledge of international relationship between East Asia and Southeast Asia.Part One, 'Contending Regional Approaches', consists of four chapters that help readers understand the involvement of East Asia from a historical context. The first chapter on Taiwan before 1975 is followed by a chapter on Taiwan's strategy toward Southeast Asia after the 1980s. The remaining two chapters focus on China-Southeast Asia and Japan-Southeast Asia relations.Part Two, 'Economic Flows of Capital & People', consists of six chapters that mainly examine the flow of capital and people between Indonesia and Taiwan from the colonial period to the present and how this flow changed both societies.Part Three, 'Socio-Cultural Connections', consists of three chapters. This part is a unique contribution to the scholarship that focuses on the transformation of both traditional and popular culture among Southeast Asia, China, and Taiwan by focusing on different agents.




In the Dragon's Shadow


Book Description

A timely look at the impact of China's booming emergence on the countries of Southeast Asia Today, Southeast Asia stands uniquely exposed to the waxing power of the new China. Three of its nations border China and five are directly impacted by its claims over the South China Sea. All dwell in the lengthening shadow of its influence: economic, political, military, and cultural. As China seeks to restore its former status as Asia's preeminent power, the countries of Southeast Asia face an increasingly stark choice: flourish within Beijing's orbit or languish outside of it. Meanwhile, as rival powers including the United States take concerted action to curb Chinese ambitions, the region has emerged as an arena of heated strategic competition. Drawing on more than a decade of on-the-ground experience, Sebastian Strangio explores the impacts of China's rise on Southeast Asia, the varied ways in which the countries of the region are responding, and what it might mean for the future balance of power in the Indo-Pacific.




The Deer and the Dragon


Book Description

Will the nations of Southeast Asia maintain their strategic autonomy, or are they destined to become a subservient periphery of China? This book’s expert authors address this pressing question in multiple contexts. What clues to the future lie in the modern history of Sino-Southeast Asian relations? How economically dependent on China has the region already become? What do Southeast Asians think of China? Does Beijing view the region in proprietary terms as its own backyard? How has the relative absence, distance, and indifference of the United States affected the balance of influence between the US and China in Southeast Asia? The book also explores China’s moves and Southeast Asia’s responses to them. Does China’s Maritime Silk Road through Southeast Asia herald a Pax Sinica across the region? How should China’s expansionary acts in the South China Sea be understood? How have Southeast Asian states such as Vietnam and the Philippines responded? How does Singapore’s China strategy compare with Indonesia’s? How relevant is the Association of Southeast Asian Nations? To what extent has China tried to persuade the “overseas Chinese” in Southeast Asia to identify with “'the motherland” and support its aims? How are China’s deep involvements in Cambodia and Laos affecting the economies and policies of those countries? “This rich collection,” writes renowned author-journalist Nayan Chanda, answers these and other questions while offering “fresh insights” and “new information and analyses” to explain Southeast Asia’s relations with China.




Paths to the Emerging State in Asia and Africa


Book Description

This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.




Connecting South Asia and Southeast Asia


Book Description

This report analyzes how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process. It examines major developments in South Asian–Southeast Asian trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives. In particular, it identifies significant opportunities for strengthening these integration efforts as a result of the recent opening up of Myanmar in political, economic, and financial terms. This is particularly the case for land-based transportation—highways and railroads—and energy trading. The report’s focus is on connectivity in a broad sense, covering both hardware and software, including investment in infrastructure, energy trading, trade facilitation, investment financing, and support for national and regional policies.




Rivalry and Response


Book Description

" Southeast Asia has become a hotbed of strategic rivalry between China and theUnited States. China is asserting its influence in the region through economic statecraft and far-reaching efforts to secure its sovereignty claims in the South China Sea, while the United States has promoted a Free and Open Indo-Pacific strategy that explicitly challenges China's expanding influence—warning other countries that Beijing is practicing predatory economics and advancing governance concepts associated with rising authoritarianism in the region. In this timely volume, leading experts from Southeast Asia, Australia, and the United States assess these great power dynamics by examining the strategic landscape, domestic governance trends, and economic challenges in Southeast Asia, with the latter focusing especially on infrastructure. Among other findings, the authors express concern that U.S. policy has become too concentrated on defense and security, to the detriment of diplomacy and development, allowing China to fill the soft power vacuum and capture the narrative through its signature Belt and Road Initiative. The COVID-19 pandemic has only increased the policy challenges for Washington as China recovers faster from the outbreak, reinforcing its already advantaged economic position and advancing its strategicgoals as a result. As the Biden administration begins to formulate its strategy for the region, it would do well to consider these findings and the related policy recommendations that appear in this volume. Much is at stake for U.S. foreign policy and American interests. Southeast Asia includes two U.S. allies—Thailand and the Philippines—important security partners like Singapore, and key emerging partners such as Vietnam and Indonesia. Almost 42,000 U.S. companies export to the 10 countries that comprise the Association of Southeast Asian Nations (ASEAN), supporting about 600,000 jobs in the United States, but America's economic standing is increasingly at risk. "