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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Main Author: Pitakdumrongkit, Kaewkamol
Other Authors: S. Rajaratnam School of International Studies
Format: Book
Language:English
Published: East-West Center 2021
Subjects:
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
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.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
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Social sciences::Political science::International relations
International Political Economy
Indo-Pacific Region
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
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.
author2 S. Rajaratnam School of International Studies
author_facet S. Rajaratnam School of International Studies
Pitakdumrongkit, Kaewkamol
format Book
author Pitakdumrongkit, Kaewkamol
author_sort Pitakdumrongkit, Kaewkamol
title 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_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_sort impact of the trump administration’s indo-pacific strategy on regional economic governance
publisher East-West Center
publishDate 2021
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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