Coming to terms with the Asian century

Asian economies are bound to have a central role in the global economy this century. The Asian century is here. (Photo: AAP)

Author: Peter Drysdale, Editor, East Asia Forum

No matter how one looks at the numbers, the Asian economies are bound to have a central role in the global economy this century.

This fact has many implications. First, it suggests where the opportunities for growth are going to be in the world economy over the coming decades. Read more…

Australia’s new region: the Indo-Pacific

Prime Minister Julia Gillard (centre), Minister for Defence Stephen Smith (left) and CDF General David Hurley hold a media conference inside a Hurcules military plane after the release of the 2013 Defence white paper in Canberra, Friday, May 3, 2013. (Photo: AAP)

Authors: Melissa Conley Tyler and Samantha Shearman, AIIA

With the release of the Defence White Paper 2013 on 3 May, Australia officially has a new region, the ‘Indo-Pacific’: a strategic arc ‘connecting the Indian and Pacific Oceans through Southeast Asia’.

Given the long history of linking Australian foreign policy to the ‘Asia-Pacific’, this is a significant change in terminology. How did we get to this point and what are the implications? Read more…

China and ideological diversity

Former Chinese Premier Wen Jiabao embraces a local chief during his visit in Accra, Ghana, in 2006. (Photo: AAP).

Author: Frans-Paul van der Putten, Clingendael Institute

One of the most enduring aspects of the global system of international relations has been the divide in terms of power and wealth between the West and the developing world. The rise of China, which combines the features of a developing country with those of an emerging superpower, is affecting the West’s position in the developing world.

Read more…

Why the RCEP matters for Asia and the world

RCEP free trade talks

Author: Ganeshan Wignaraja, ADBI

Mega-regional trade deals are in vogue.

Negotiations for the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) are grabbing headlines around the world. Meanwhile, Asia’s own mega-regional trade deal — the Regional Comprehensive Economic Partnership (RCEP) — is quietly being negotiated. Read more…

Japan, US and the TPP: the view from China

Japanese Prime Minister Shizo Abe shakes hands with US President Barack Obama after their summit meeting in the Oval Office at the White House, in Washington DC on 22 February 2013. The two leaders confirmed that Japan would participate in the talks of Trans-Pacfic Partnership (Photo: AAP).

Author: Aurelia George Mulgan, UNSW Canberra

Japan’s Prime Minister Shinzō Abe successfully stared down opposition from the domestic farm lobby and his own ruling party to take Japan into the TPP negotiations. The other half of the equation — gaining the consent of TPP negotiating countries to Japan’s entry — was sealed at the recent APEC ministerial meeting in Indonesia.

But what does Japan’s largest trading partner, China, think of these developments? Read more…

Understanding Myanmar’s democratic opening

Author: Morten B. Pedersen, UNSW, Canberra

Myanmar is in the midst of momentous political change, which has seen the country emerge from decades of repressive military rule and international isolation to be lauded by Western leaders as a model of political development.

While not a democracy yet, the new quasi-civilian government has brought the opposition into parliament and revitalised the country’s political life. Read more…

Bogor to Bali: building an Asia Pacific community

Indonesian President Susilo Bambang Yudhoyono speaks at the APEC summit in Vladivostok, Russia on 8 September 2012 (Photo: AAP).

Authors: Jusuf Wanandi, CSIS, and Tan Khee Giap, NUS

Almost 20 years ago, leaders of the Asia Pacific met in Bogor to ‘chart the future course of our economic cooperation, which will enhance the prospects of an accelerated, balanced and equitable economic growth not only in the Asia-Pacific region, but throughout the world’.

Read more…

Visions of Asia’s past and future under Chinese leadership

Dragon dancers perform in Bangkok, Thailand as part of Chinese New Year celebrations. (Photo: AAP)

Author: David Arase, Nanjing University

Soon after taking power at the 18th Party Congress, Xi Jinping ceremoniously led the new Politburo Standing Committee to view a museum exhibit in Beijing entitled ‘The Road to Renewal’ (复兴之路).

It chronicled China’s descent into the ‘century of humiliation’ following the Opium War and, since 1949, its subsequent revival and rise to power under the leadership of the Communist Party. Read more…

Where is China taking Asia?

Chinese soldiers stand in line as they prepare to watch the daily flag-raising ceremony on the first day of 2013 in Tiananmen Square in Beijing.

Author: Mahani Zainal Abidin, ISIS

The recent upping of the ante by China in the disputed South China Sea and the flexing of its maritime muscle has underlined the dilemma faced by many countries in the region: how can countries in Asia expand and deepen economic links and interdependence when political tension is rising?

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Will RCEP compete with the TPP?

World leaders at the East Asia Summit in Phnom Penh, Cambodia, on Tuesday, 20 November 2012, where the RCEP was launched. (Photo: AAP)

Author: Beginda Pakpahan, UI

Competition appears likely to emerge between ASEAN’s Regional Comprehensive Economic Partnership (RCEP), an agreement to launch negotiations for which was reached at the East Asia Summit (EAS) in Phnom Penh on 20 November, and the Trans-Pacific Partnership (TPP).

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ASEAN: regional stabiliser in Southeast and East Asia?

Cambodian Prime Minister Hor Namhong addresses the 19th ASEAN Regional Forum plenary session in Phnom Penh, Cambodia, 12 July 2012. (Photo: AAP)

Author: Beginda Pakpahan, UI

On 8 August 2012 ASEAN celebrated its 45th year. As a mature regional economic organisation, ASEAN can act as a potential stabiliser in Southeast and East Asia. ASEAN’s internal developments affect developments in the East Asian region, so the association stands to consolidate this influence by promoting the resolution of the South China Sea issue and supporting Myanmar’s transition to democracy and economic development.

Read more…