The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance
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...
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| Format: | Book |
| Language: | English |
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East-West Center
2021
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| Online Access: | https://www.eastwestcenter.org/publications/the-impact-the-trump-administration%E2%80%99s-indo-pacific-strategy-regional-economic https://hdl.handle.net/10356/153027 |
| _version_ | 1826119487448940544 |
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| author | Pitakdumrongkit, Kaewkamol |
| author2 | S. Rajaratnam School of International Studies |
| author_facet | S. Rajaratnam School of International Studies Pitakdumrongkit, Kaewkamol |
| author_sort | Pitakdumrongkit, Kaewkamol |
| collection | NTU |
| description | 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. |
| first_indexed | 2024-10-01T05:00:49Z |
| format | Book |
| id | ntu-10356/153027 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:00:49Z |
| publishDate | 2021 |
| publisher | East-West Center |
| record_format | dspace |
| spelling | ntu-10356/1530272023-03-05T17:13:28Z The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance Pitakdumrongkit, Kaewkamol S. Rajaratnam School of International Studies Social sciences::Political science::International relations International Political Economy Indo-Pacific Region 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. Accepted version 2021-12-23T00:30:41Z 2021-12-23T00:30:41Z 2019 Book Pitakdumrongkit, K. (2019). The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance. East-West Center. https://hdl.handle.net/10356/153027 978-0-86638-287-8 https://www.eastwestcenter.org/publications/the-impact-the-trump-administration%E2%80%99s-indo-pacific-strategy-regional-economic https://hdl.handle.net/10356/153027 en © 2019 East-West Center. All rights reserved. This book is made available with permission of East-West Center. application/pdf East-West Center |
| spellingShingle | Social sciences::Political science::International relations International Political Economy Indo-Pacific Region Pitakdumrongkit, Kaewkamol The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance |
| title | The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance |
| title_full | The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance |
| title_fullStr | The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance |
| title_full_unstemmed | The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance |
| title_short | The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance |
| title_sort | impact of the trump administration s indo pacific strategy on regional economic governance |
| topic | Social sciences::Political science::International relations International Political Economy Indo-Pacific Region |
| url | https://www.eastwestcenter.org/publications/the-impact-the-trump-administration%E2%80%99s-indo-pacific-strategy-regional-economic https://hdl.handle.net/10356/153027 |
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