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Book China   s Rise  Asia s Decline  Asia   s difficult outlook under China   s shadow

Download or read book China s Rise Asia s Decline Asia s difficult outlook under China s shadow written by William Bratton and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2020-01-15 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s rise will be long-term punitive for the rest of Asia. Across all aspects of Asian geopolitics and economics, China’s ascendency to regional hegemonic status will result in the decline of its neighbours’ political independence, economic dynamism and future growth potential. Any short-term benefits of China’s growth, such as increased trade, will be transitory. The longer-term implications of its emergence as the regional hegemon will be greater economic and financial dependencies and vulnerabilities, the large-scale shift of business activity to within its boundaries and its increasing geopolitical influence across the region. The challenge for China’s neighbours is how to respond to these evolving dynamics, especially as their strategic options are increasingly limited and few of the potential future scenarios are long-term positive. China’s rise, therefore, be Asia’s decline.

Book China s Rise in Asia

Download or read book China s Rise in Asia written by Robert G. Sutter and published by Rowman & Littlefield Publishers. This book was released on 2005-04-14 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rapid military and economic growth has fuelled a steady stream of analysis and debate about the PRC's motivations and objectives regarding the United States. Yet until now, there has not been a sustained, single-authored assessment in English of China's expanding influence in Asia in the post-Cold War period. Respected analyst Robert G. Sutter draws on his extensive experience in the region to explore the current debate on China's rise and its meaning for U.S. interests by examining in detail China's current and historical relations with the key countries of Asia. He finds a range of motivations underlying China's recent initiatives. Some incline Chinese policy to be cooperative with the United States, others to be competitive and confrontational. Sutter's nuanced study shows that U.S. power and influence continue to dominate Asia and play a critical role in determining China's cooperative or confrontational approach. He argues that the Bush administration's policies of firmness and cooperation have encouraged China to stay on a generally constructive track in the region.

Book China s Rise

    Book Details:
  • Author : Robert G. Sutter
  • Publisher : East-West Center
  • Release : 2006
  • ISBN :
  • Pages : 96 pages

Download or read book China s Rise written by Robert G. Sutter and published by East-West Center. This book was released on 2006 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Executive Summary:Foreign policy makers in the United States should not be misled by prevailing media and scholarly assessments that exaggerate China?s influence in Asia relative to that of the United States. In particular, it would be a mistake for the Bush administration to give in to recent congressional, media, and interest group pressures that employ overstated assessments of China?s increasing power in order to push for tough U.S. government policies to confront and compete with China. This study shows that overt U.S. competition with China for influence is unwelcome in Asia, counterproductive for U.S. interests in the region, and unwarranted given the limited challenge posed by China?s rise. Prevailing assessments and commentaries about China?s rise in Asia are unbalanced, emphasizing China?s strengths and the United States? weaknesses. With few exceptions, they give inadequate attention to Chinese weaknesses and U.S. strengths. This study demonstrates that China?s recent success in Asia rests heavily on a fairly narrow foundation?that is, generally adroit Chinese diplomacy and intra-Asian trade that is less significant than the reported figures of annual trade between China and its neighbors would suggest. China?s willingness and ability to lead in Asia is undermined notably by many domestic preoccupations, nationalistic ambitions at odds with Asian neighbors, and economic complications posed by China?s rise as many countries in Asia are left further behind.Moreover, Chinese leaders and officials continue to follow policies that do not require either China or its neighboring countries to make significant changes, sacrifices, or commitments for one another that they would not ordinarily make. Thus, China?s Asian approach focuses on ?easy? things?the ?low-hanging fruit??and avoids costly commitments or major risk. By contrast, U.S. leadership in Asia, though challenged by unpopular policies in Southwest Asia and Korea, along with insufficient attention in dealing with Asian governments, remains strong in undertaking responsibilities and providing needed security and economic benefits to Asian states. The United States continues to show influence in Asia in concrete ways, notably by influencing Asian governments to do things they would not be inclined to do.Predictions of an emerging order in Asia led by a rising China that will marginalize the United States illustrate how far many of the predominate, unbalanced media and scholarly assessments have gone. They reflect a poor understanding of the ambitions of Asian governments, the resilience of U.S. power and leadership, and the actual status of China?s influence relative to that of the United States in Asian states around China?s periphery. To some extent, a rising China that generally accommodates its neighbors benefits from the fluid post-Cold War Asian order, as various Asian governments seek to broaden international options with various powers in a continuing round of hedging and maneuvering for advantage. But as China rises in influence in Asia, this study shows that these same neighboring governments hedge and maneuver against possible Chinese dominance. In this process, they quietly seek closer ties with one another and particularly with the region?s dominant power, the United States. America?s advantages in this situation are strong. The United States has a proven record of being able and willing to commit significant resources and prestige to protect allies and friends. The United States is very powerful?a superpower?but it is far away from Asia and has none of the territorial and few of the other ambitions that characterize Asian powers. Thus it is less distrusted by Asian governments in comparison with how these governments view one another, including China. As a result, most Asian governments?including China and all the major powers in Asia?give higher priority to relations with the United States than to relations with any power in Asia.In addition to being Asia?s economic partner of choice and acknowledged security guarantor, the United States has a leadership position in Asia that rests on a determined U.S. administration prepared to confront adversaries and opponents. This position gives pause to Asian governments seeking to challenge or displace the United States. The analysis in this monograph demonstrates that even hard-line Chinese critics of U.S. ?hegemony? in Asian and world affairs have been compelled in recent years to adopt alow posture in dealings with the United States, choosing to wait as China builds comprehensive national power over the coming decades.Chinese leaders are often frustrated by U.S. policies and power, and desirous over the long term to see their periphery free of constricting U.S. great power involvement. However, they show little sign of deviating from efforts to expand influence in selected ways that tend to avoid directly challenging the United States. Thus, for the most part, China?s rise in Asia does not come at the expense of U.S. interests and is not a part of a zerosum game resulting in the automatic decline of U.S. influence.To enhance its position in Asia, Washington should focus on repairing negative features of recent U.S. policy in Asia related to the fallout of its actions in Iraq, the Middle East, and Korea; U.S. unilateralism in international politics; and inattentiveness to the concerns of Asian governments over economic development, nation building, and multilateral cooperation. This recommendation requires adjustments, not a wholesale revamping of U.S. policies. Backed by continued, careful management of U.S. security commitments and economic relations with regional governments, they will enhance the leading role of the United States in Asian affairs. The prevailing tendency of Asian governments to hedge in the post- Cold War environment seems likely to continue to pose challenges for U.S. management of alliance and other relations with Asian governments seeking more independence and freedom of action, inclining some to seek closer ties with China, among others. Policymakers in the United States should not overreact to such maneuvers, recognizing that such hedging continues to provide a prominent role for the United States as the region?s well-recognized security stabilizer and economic partner of choice. In particular, Chinese government leaders found that their overt efforts in the late 1990s to compel Asian governments to choose between a rising China and the United States failed in the face of Asian governments? long unwillingness to do so. The government should learn from this experience in seeking to advance its leadership in Asia without the overt competition with China that would try to force Asian governments to make such a choice, probably with negative implications for U.S. leadership in Asia.

Book China s Rise in Asia  Promises  Prospects and Implications for the United States

Download or read book China s Rise in Asia Promises Prospects and Implications for the United States written by and published by . This book was released on 2005 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rising importance in Asian affairs represents a major change in regional power dynamics in the early 21st century and a major challenge for analysts of Asian affairs. Specialists are likely to focus on determining and assessing the scope and implications of this development for many years to come. While many will engage in projections focused on China's strengths and accomplishments and the new features of Chinese diplomacy in Asia, balanced assessment will require comprehensive treatment of Chinese strengths and weaknesses, clear-eyed views of determinants regarding Chinese ambitions in Asia, and awareness of the strengths and weaknesses of other powers and influences in the region, notably those exerted by the United States. Careful review of the record of Chinese relations in Asia in the post Cold War period shows a number of continuities with Maoist and post-Mao foreign policy concerns, notably concern to free China's periphery of great power presence, while underlining some remarkable differences. There is a similar mix of continuity and change in China's approach to what Chinese officials recognize as the region's leading power, the United States. The balance of Chinese efforts to cooperate with the United States and to marginalize US power and influence around China's periphery is complicated and dynamic. Currently, the balance is neither overwhelmingly negative nor positive toward the United States and its interests in the region. China may be on the road to become Asia's leading power and in the process may marginalize a preoccupied United States as many forecasts predict. But experience, perspective, and the realities of power and influence argue that it is much too early to be making such presumptuous assessments. In particular, the United States has a variety of enduring strengths and viable options to preserve a leading position in Asia.

Book Asia   s Stock Markets from the Ground Up

Download or read book Asia s Stock Markets from the Ground Up written by Herald van der Linde and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2021-10-15 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: A summary of how stock markets work for those looking to invest. This book is a practical guide to Asia’s stock markets for a general audience. It is for people who do not know much about financial markets but, for whatever reason, would like to learn more. They could be seasoned expatriate pilots, academics and other professionals, newcomers in the region as well as students or young men and women about to start in the finance industry. The idea is to cut through the alphabet soup of industry jargon to provide a clear understanding of how these markets work, how they differ from each other in size and depth, what unique features each stock market has and what drives all the different sectors in these markets – consumers, the internet, banks and technology. The book includes helpful history lessons and personal anecdotes drawn from the author’s 30 years in the world of Asian investments.

Book China   s Grand Strategy

    Book Details:
  • Author : Andrew Scobell
  • Publisher : Rand Corporation
  • Release : 2020-07-27
  • ISBN : 1977404200
  • Pages : 155 pages

Download or read book China s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.

Book The Long Game

    Book Details:
  • Author : Rush Doshi
  • Publisher : Oxford University Press
  • Release : 2021-06-11
  • ISBN : 0197527876
  • Pages : 433 pages

Download or read book The Long Game written by Rush Doshi and published by Oxford University Press. This book was released on 2021-06-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.

Book Asia   s New Geopolitics

Download or read book Asia s New Geopolitics written by Desmond Ball and published by Routledge. This book was released on 2021-09-28 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intensifying geopolitical rivalries, rising defence spending and the proliferation of the latest military technology across Asia suggest that the region is set for a prolonged period of strategic contestation. None of the three competing visions for the future of Asian order – a US-led ‘Free and Open Indo-Pacific’, a Chinese-centred order, or the ASEAN-inspired ‘Indo-Pacific Outlook’ – is likely to prevail in the short to medium term. In the absence of a new framework, the risk of open conflict is heightened, and along with it the need for effective mechanisms to maintain peace and stability. As Asia’s leaders seek to rebuild their economies and societies in the wake of COVID-19, they would do well to reflect upon the lessons offered by the pandemic and their applicability in the strategic realm. The societies that have navigated the crisis most effectively have been able to do so by putting in place stringent protective measures. Crisis-management and -avoidance mechanisms – and even, in the longer term, wider arms control – can be seen as the strategic equivalent of such measures, and as such they should be pursued with urgency in Asia to reduce the risks of an even greater calamity.

Book Power Transitions

Download or read book Power Transitions written by Ronald L. Tammen and published by CQ Press. This book was released on 2000 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: By succinctly integrating power transition theory and national policy, this outstanding team of scholars explores emerging issues in world politics in the 21st century, including proliferation and deterrence, the international political economy, regional hierarchies, and the role of alliances. Blending quantitative and traditional analyses, theory and practice, history and informed predictions, Power Transitions draws a map of the new world that will stimulate, provoke, and offer solutions. Authors include: Mark Abdollohian, Carole Alsharabati, Brian Efird, Jacek Kugler, Douglas Lemke, Allan C. Stam III, Ronald L. Tammen, and A.F.K Organski.

Book Asian Development Outlook 2020

Download or read book Asian Development Outlook 2020 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-04-01 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.

Book US   China Foreign Relations

Download or read book US China Foreign Relations written by Robert S. Ross and published by Routledge. This book was released on 2020-10-15 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the power transition between the US and China, and the implications for Europe and Asia in a new era of uncertainty. The volume addresses the impact that the rise of China has on the United States, Europe, transatlantic relations, and East Asia. China is seeking to use its enhanced power position to promote new ambitions; the United States is adjusting to a new superpower rivalry; and the power shift from the West to the East is resulting in a more peripheral role for Europe in world affairs. Featuring essays by prominent Chinese and international experts, the book examines the US–China rivalry, the changing international system, grand strategies and geopolitics, foreign policy, geo-economics and institutions, and military and technological developments. The chapters examine how strategic, security, and military considerations in this triangular relationship are gradually undermining trade and economics, reversing the era of globalization, and contributing to the breakdown of the US-led liberal order and institutions that will be difficult to rebuild. The volume also examines whether the adversarial antagonism in US–China relations, the tension in transatlantic ties, and the increasing rivalry in Europe–China relations are primarily resulting from leaders’ ambitions or structural power shifts. This book will be of much interest to students of Asian security, US foreign policy, European politics, and International Relations in general.

Book Eclipse  Living in the Shadow of China s Economic Dominance

Download or read book Eclipse Living in the Shadow of China s Economic Dominance written by Arvind Subramanian and published by Peterson Institute. This book was released on 2011 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: By most accounts, China has quickly grown into the second largest economy in the world. In this controversial new book, Subramanian argues that China has already become the most economically dominant country in the world in terms of wealth, trade and finance. Its dominance and eclipsing of US global economic power is more imminent, more broad-based and larger in magnitude than anyone has anticipated. Subramanian compares the economic dominance of China with that of the two previous economic superpowers--the United States and the United Kingdom--and highlights similarities and differences. One corollary is that the fundamentals are strong for the Chinese currency to replace the dollar as the world's reserve currency. The final chapter forecasts how the international economic system is likely to evolve as a result of Chinese dominance.

Book Asia Rising

    Book Details:
  • Author : Hal Hill
  • Publisher : Edward Elgar Publishing
  • Release : 2013-01-01
  • ISBN : 1781007985
  • Pages : 449 pages

Download or read book Asia Rising written by Hal Hill and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.

Book China s Influence and American Interests

Download or read book China s Influence and American Interests written by Larry Diamond and published by Hoover Press. This book was released on 2019-08-01 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Americans are generally aware of China's ambitions as a global economic and military superpower, few understand just how deeply and assertively that country has already sought to influence American society. As the authors of this volume write, it is time for a wake-up call. In documenting the extent of Beijing's expanding influence operations inside the United States, they aim to raise awareness of China's efforts to penetrate and sway a range of American institutions: state and local governments, academic institutions, think tanks, media, and businesses. And they highlight other aspects of the propagandistic “discourse war” waged by the Chinese government and Communist Party leaders that are less expected and more alarming, such as their view of Chinese Americans as members of a worldwide Chinese diaspora that owes undefined allegiance to the so-called Motherland.Featuring ideas and policy proposals from leading China specialists, China's Influence and American Interests argues that a successful future relationship requires a rebalancing toward greater transparency, reciprocity, and fairness. Throughout, the authors also strongly state the importance of avoiding casting aspersions on Chinese and on Chinese Americans, who constitute a vital portion of American society. But if the United States is to fare well in this increasingly adversarial relationship with China, Americans must have a far better sense of that country's ambitions and methods than they do now.

Book The Paradox of Power

    Book Details:
  • Author : David C. Gompert
  • Publisher : Government Printing Office
  • Release : 2020
  • ISBN : 9780160915734
  • Pages : 236 pages

Download or read book The Paradox of Power written by David C. Gompert and published by Government Printing Office. This book was released on 2020 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second half of the 20th century featured a strategic competition between the United States and the Soviet Union. That competition avoided World War III in part because during the 1950s, scholars like Henry Kissinger, Thomas Schelling, Herman Kahn, and Albert Wohlstetter analyzed the fundamental nature of nuclear deterrence. Decades of arms control negotiations reinforced these early notions of stability and created a mutual understanding that allowed U.S.-Soviet competition to proceed without armed conflict. The first half of the 21st century will be dominated by the relationship between the United States and China. That relationship is likely to contain elements of both cooperation and competition. Territorial disputes such as those over Taiwan and the South China Sea will be an important feature of this competition, but both are traditional disputes, and traditional solutions suggest themselves. A more difficult set of issues relates to U.S.-Chinese competition and cooperation in three domains in which real strategic harm can be inflicted in the current era: nuclear, space, and cyber. Just as a clearer understanding of the fundamental principles of nuclear deterrence maintained adequate stability during the Cold War, a clearer understanding of the characteristics of these three domains can provide the underpinnings of strategic stability between the United States and China in the decades ahead. That is what this book is about.

Book Interpreting China s Grand Strategy

Download or read book Interpreting China s Grand Strategy written by Michael D. Swaine and published by Rand Corporation. This book was released on 2000-03-22 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's continuing rapid economic growth and expanding involvement in global affairs pose major implications for the power structure of the international system. To more accurately and fully assess the significance of China's emergence for the United States and the global community, it is necessary to gain a more complete understanding of Chinese security thought and behavior. This study addresses such questions as: What are China's most fundamental national security objectives? How has the Chinese state employed force and diplomacy in the pursuit of these objectives over the centuries? What security strategy does China pursue today and how will it evolve in the future? The study asserts that Chinese history, the behavior of earlier rising powers, and the basic structure and logic of international power relations all suggest that, although a strong China will likely become more assertive globally, this possibility is unlikely to emerge before 2015-2020 at the earliest. To handle this situation, the study argues that the United States should adopt a policy of realistic engagement with China that combines efforts to pursue cooperation whenever possible; to prevent, if necessary, the acquisition by China of capabilities that would threaten America's core national security interests; and to remain prepared to cope with the consequences of a more assertive China.

Book The Comprehensive and Progressive Agreement for Trans Pacific Partnership

Download or read book The Comprehensive and Progressive Agreement for Trans Pacific Partnership written by Cassey Lee and published by ISEAS-Yusof Ishak Institute. This book was released on 2021-01-15 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the “gold standard”, given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand). The world trading system is in disarray: the World Trade Organization has been weakened, perhaps terminally; the world’s two economic superpowers are locked in deep, politicized disputes; the forces of populism and nationalism are everywhere complicating the return to a more liberal, rules-based order. These trends are challenging one of the building blocks of ASEAN economic development, namely these countries’ outward-looking trade and investment policies. With impeccable timing this important volume by a group of eminent authors assesses these issues with reference to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The CPTPP excludes the three largest traders—China, the EU and the US—but it is a welcome second-best initiative that may have broader, positive ripple effects. This is the volume to read to gain a deeper understanding of the many complex issues at play." -- Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, College of Asia & the Pacific, Australian National University