Rivalry And Cooperation In The Asia Pacific

Rivalry and Cooperation in the Asia-Pacific provides a comprehensive and accessible introduction to the most important strategic and economic region in the world. Asia-Pacific is a region that is undergoing a major transformation, largely as a consequence of the rise of China and its growing rivalry with the United States. Whatever happens in the Asia-Pacific will profoundly influence global events, not just regional ones. Looking ahead, the region's future direction — and even its name — is contested and uncertain.This two-volume reference work, by one of the world's leading analysts of regional affairs, places these events in historical context and considers what they may mean for future political, economic and strategic relations. By focusing on the United States, China and the region's most significant middle powers, the book explains why and how the Asia-Pacific has become the fulcrum of international events.

"Provides a comprehensive and accessible introduction to the most important strategic and economic region in the world. Asia-Pacific is a region that is undergoing a major transformation, largely as a consequence of the rise of China and its growing rivalry with the United States. Whatever happens in the Asia-Pacific will profoundly influence global events, not just regional ones. Looking ahead, the region's future direction -- and even its name -- is contested and uncertain. This two-volume reference work, by one of the world's leading analysts of regional affairs, places these events in historical context and considers what they may mean for future political, economic and strategic relations. By focusing on the United States, China and the region's most significant middle powers, the book explains why and how the Asia-Pacific has become the fulcrum of international events"--

"Provides a comprehensive and accessible introduction to the most important strategic and economic region in the world. Asia-Pacific is a region that is undergoing a major transformation, largely as a consequence of the rise of China and its growing rivalry with the United States. Whatever happens in the Asia-Pacific will profoundly influence global events, not just regional ones. Looking ahead, the region's future direction -- and even its name -- is contested and uncertain. This two-volume reference work, by one of the world's leading analysts of regional affairs, places these events in historical context and considers what they may mean for future political, economic and strategic relations. By focusing on the United States, China and the region's most significant middle powers, the book explains why and how the Asia-Pacific has become the fulcrum of international events"--

This book examines two opposing interpretations of NAFTAs potential expansion into a Western Hemisphere Free Trade Association (WHFTA)one fearing the creation of a deliberately exclusionary Fortress America, the other welcoming the prospect of substantial economic opportunities for Asia and the countries of the Pacific Rim. Contributors evaluate the commercial, financial, cultural, and political linkages between the Americas and the Pacific Rim, assessing the magnitude of interests that might be affected by NAFTA or FTAA. }Authorities and experts in Japan and other Asian countries have expressed considerable fear that the North American Free Trade Agreement (NAFTA) and the proposed Free Trade Area of the Americas (FTAA) will create a Fortress America that will deliberately exclude nations of the Pacific Rim. Others argue that economic integration will provide substantial opportunity for Asia/Pacific countries and thus contribute to the dynamism of the Pacific Century ahead. This book explores the varying interpretations and looks at their implications for countries of the Pacific Rim. Might NAFTA provoke the formation of an economic bloc in the Asia/Pacific area? Or will economic liberalization occur on a global and multilateral scale? What are the political dimensions of these possible options and processes? Examining the interconnections such policy alternatives may have for both the Pacific Rim and Latin America, the contributors evaluate the commercial, financial, cultural, and political linkages between the regions to assess the magnitude of interests that might be affected by NAFTA or FTAA. Assessing the range of policy options available to countries involved, they seek to make an original contribution to the debate about the formation and structure of the post Cold War world order

Long divided by cultural, economic, and political differences, the Asia-Pacific region has little history of multilateral cooperation. Alliances that once linked individual countries with one or the other superpower fostered deep mistrust among neighbouring states. The end of the Cold War, however, has created new opportunities for multilateral coo

Japan and China share an age-old history of cultural, social, and economic interaction. In the last two decades links between the two giants of East Asia - especially economic links - have flourished. But behind the faade pressures are emerging. China's growing strength, Taiwan's desire for independence, and the reassertion of US strategic interests in the Asia Pacific region, contribute to these pressures, straining the fragile balance in Sino-Japanese relations. Memories of the Japanese occupation of China during the Second World War linger - an outward sign that for the relationship between China and Japan to flourish more than economically, new common ground has to be found politically. Japan and China: rivalry or cooperation in East Asia examines the foundations of the relationship, the pressures shaping it, its future, the difficulties between two powerful and independent neighbours and the impact of their relationship on the region and the world.

As Japan's newfound economic power leads to increased political power, there is concern that Japan may be turning East Asia into a regional economic bloc to rival the U.S. and Europe. In Regionalism and Rivalry, leading economists and political scientists address this concern by looking at three central questions: Is Japan forming a trading bloc in Pacific Asia? Does Japan use foreign direct investment in Southeast Asia to achieve national goals? Does Japan possess the leadership qualities necessary for a nation assuming greater political responsibility in international affairs? The authors contend that although intraregional trade in East Asia is growing rapidly, a trade bloc is not necessarily forming. They show that the trade increase can be explained entirely by factors independent of discriminatory trading arrangements, such as the rapid growth of East Asian economies. Other chapters look in detail at cases of Japanese direct investment in Southeast Asia and find little evidence of attempts by Japan to use the power of its multinational corporations for political purposes. A third group of papers attempt to gauge Japan's leadership characteristics. They focus on Japan's "technology ideology," its contributions to international public goods, international monetary cooperation, and economic liberalization in East Asia.