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Title: The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance
Authors: Pitakdumrongkit, Kaewkamol
Keywords: Social sciences::Political science::International relations
Issue Date: 2019
Publisher: East-West Center
Source: Pitakdumrongkit, K. (2019). The impact of the Trump administration’s Indo-Pacific strategy on regional economic governance. East-West Center.
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.
ISBN: 978-0-86638-287-8
Schools: S. Rajaratnam School of International Studies 
Rights: © 2019 East-West Center. All rights reserved. This book is made available with permission of East-West Center.
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:RSIS Books & Book Chapters

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