Rivalry And Cooperation In The Asia Pacific Geoeconomics And Development

"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"--

V.1. Geopolitics and security -- v.2. Geoeconomics and development.

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.

Dutta (economics, Rutgers U.) presents international globalization strategies from a historical perspective, then explores their impact on the development of the Asia-Pacific Economic Cooperation organization. Based on personal interviews with people who have worked for the organization, he details its structure and agenda to provide insights into the rise of economic regionalization in general. He finds that the region has used the western European model of formal regionalization, and that the primary challenges to continued success are the limited macroeconomic coordination and the geographical coverage of formal arrangement. Annotation copyrighted by Book News, Inc., Portland, OR

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

The Asia-Pacific region has, in the eyes of most observers, the potential to become the engine of global economic growth in the 21st century. Whether it does will largely depend upon the willingness of the region's nations to pursue economic co-operation and peaceful reconciliation of differences. In this volume, scholars, policy experts, and repre

Alpo Rusi provides a broad vision of the strategic landscape for the coming century, warning against dangers inherent in the emerging world order. He predicts a more complexand potentially hostilemultipolar system based on four or five rival trading blocs. Despite the centrality of trade rivalries, the role of military force will not vanish. Although he considers superpower conflict unlikely, he expects that lower-level conflicts will become more prevalent. Consequently, Rusi believes that the trading blocs will have to actively pursue security arrangements that will safeguard the traditional role of the nation-state. }Examining the international system from a geopolitical and geoeconomic perspective, Alpo Rusi provides a broad vision and bold forecast of the emerging strategic landscape for the coming century. An asymmetrical world system is emerging. The United States is now the sole true world power; it forms the core of a unipolar order characterized by an uneven division of world power and economic resources. Rusi argues, however, that this postCold War order will not survive into the next century.Rusi suggests that the power vacuum in the former Soviet empire will be filled by China in Asia and by the European Union in Eastern Europe, Russias disintegration and decline in world power status will continue but may have reached its bottom line economically, and Islam will gain strength in various parts of the world, embracing a new international role. He also predicts that the world will be split into four or five distinct trading blocs: A European bloc formed around the European Union; an East Asian bloc, potentially strong, interventionist, and even aggressive, formed around China and the Singapore economic region; Japan, as a strong and still competitive economic power; and a Pan-American bloc, also strong but potentially isolationist, formed around the United States. One of the question marks will be the future ability of an orthodox Russia to facilitate conditions for an economic space. According to Rusi, these trading blocs will develop new political or geopolitical interests. For example, the European bloc will extract fossil fuels from the former Soviet Union instead of the Middle East, thereby changing the existing global trade system. Each bloc will have certain internal problemsthe Europeans will be linked to the unstable successors to the Soviet Union, the East Asian Bloc will have to contemplate whether Chinas economic growth and geopolitical expansions will create a new bipolar world in the early twenty-first century, and the Pan-American bloc will struggle with continuing political and economic instability in South and Central America.Finally, Rusi warns that it is crucial for the European and Pan-American blocs to build upon the traditional Euro-Atlantic relationship. Without it, he argues, a truly polarizedand potentially hostilebloc system will take root, most likely lining the Western pan-regions against Chinas expansiveness. }

Economic and geopolitical expansion -- The Indo-Pacific: a strategic coupling -- Diversity and contested definitions -- Security issues of the Indian Ocean region -- Maritime commerce of the Indian Ocean region -- Prosperity and the emerging geopolitics of the Indo-Pacific -- Traditional interests, evolving priorities -- Conclusion -- Notes -- Chapter 13: Conclusions: interests and strategies in Asian regional institutional development -- International interests -- Strategies of engagement -- Future of Asian cooperation -- Theoretical impact -- Summary -- Notes -- Bibliography -- Index