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2. The United States and China— A Relationship Adrift: The New War in Trade, Investment, and High Technology
- Author:
- Asia Society Policy Institute
- Publication Date:
- 12-2018
- Content Type:
- Commentary and Analysis
- Institution:
- Asia Society Policy Institute
- Abstract:
- HISTORY TEACHES US THAT PICKING WHEN ONE AGE ENDS AND ANOTHER BEGINS is a tricky business. None of us has the powers of reflection, perception, or anticipation to identify when certain tipping points of historical significance are reached. And when we reach such conclusions, it’s usually with the full benefit of 20/20 hindsight, which for those of us working in the rarefied world of contemporary public policy is not particularly useful
- Topic:
- International Affairs
- Political Geography:
- Global Focus
3. Charting a Course for Trade and Economic Integration in the Asia-Pacific
- Author:
- Asia Society Policy Institute
- Publication Date:
- 03-2017
- Content Type:
- Special Report
- Institution:
- Asia Society
- Abstract:
- OVER THE PAST YEAR, THE GLOBAL AND REGIONAL TRADE LANDSCAPE HAS BEEN CHALLENGED AS NEVER BEFORE. A growing number of people around the world are questioning the value of trade agreements, holding them accountable for slow wage growth, rising inequalities, and job losses. Exemplified by Brexit and the U.S. presidential election, a wave of anti-globalization has washed over the world. Further, global trade is slowing, and existing trade agreements have not kept pace with the changing nature of trade itself, owing to the increasingly important role of digital and services trades. But trade has been one of the strongest drivers behind global growth and stability, particularly in Asia. In the past quarter century, the number of trade agreements in the region has increased dramati- cally. At the same time, Asian countries experienced average annual growth rates nearly 3 percent higher after liberalizing their markets.1 The region’s openness has been a critical ingredient in spurring growth, creating jobs, and lifting millions out of poverty. Trade has also helped nations develop stronger ties, giving them a greater stake in one another’s economic success and reducing the likelihood of conflict. What the French philosopher Montesquieu wrote during the eighteenth century remains as relevant in the twenty-first: “Peace is a natural effect of trade.” 2
- Topic:
- International Relations, International Political Economy, International Trade and Finance, and Geopolitics
- Political Geography:
- Global Focus