- Consulting Editors
- List of Contributors
- The History of Biological Exploitation on the Pacific Rim
- Climate Risk and Response in the Pacific Rim
- Natural Disasters and Economic Policy for the Pacific Rim
- International Labor Migration in the Pacific Rim
- Age Compositional Shifts and Changing Intergenerational Transfers in Selected Asian Countries
- Human Capital Trends in the Pacific Rim
- Economic Growth and Performance on the Pacific Rim
- The New Structural Economics and Strategies for Sustained Economic Development in the Pacific Island Countries
- The Evolution of Fiscal Developments and Policies in the Pacific Rim
- Asia in Global Economic Governance
- Geoeconomics Versus Geopolitics: Implications for Asia
- The Political Economy of Asia-Pacific Trade Agreements
- Global Production Sharing and Trade Patterns in East Asia
- Foreign Trade of the Pacific-Rim Economies
- Are the Geese Still Flying? Catch-Up Industrialization in a Changing International Economic Environment
- Multinational Enterprises, Foreign Direct Investment, and the East Asian Economic Integration
- The Impact of Industrial Policy on Asian Growth: An Example From Taiwan
- Creative Industries: Socio-Economic Transformation as the New Face of Innovation
- The Road to Innovation in East Asia
- Asian Financial Crises
- The “Impossible Trinity,” The International Monetary Framework, and the Pacific Rim
- Rethinking Capital Account Liberalization
- Asian Currencies in the Global Imbalance and Global Financial Crisis
- Rebalancing of the World Economy and Asia
- China’s Financial Openness and Asset Return Linkages in East Asia
- The Offshore RMB Market in Hong Kong and RMB Internationalization
- Author Index
- Subject Index
Abstract and Keywords
This chapter examines the interaction of geopolitics and “geoeconomics” in the Pacific Rim. It discusses the importance of international supply chains, implications of China’s political presence in the region, and the role played by multinational firms. It highlights the divergence between geopolitical objectives pursued by the United States and Australia to contain China and geoeconomic realities that strengthen China’s position. This chapter contends that the Asian Pacific region’s embrace of free markets, free trade, and private enterprise has enabled it to race ahead, epitomized by the case of China.
Devesh Kapur is Madan Lal Sobti Associate Professor of Contemporary India and Director, Center for Advanced Study of India, University of Pennsylvania.
Manik Suri is a J.D. candidate at Harvard Law School, Visiting Fellow at the University of Pennsylvania's Center for the Advanced Study of India, and a Truman Security Fellow.
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