Best of three scenarios for world trade

Author: Razeen Sally, NUS 

International trade is in trouble after the global financial crisis and, with the new Trump administration, the world faces a protectionist onslaught. As a result, there are three ways that international trade can go from here — one considerably ‘more likely’ than the other two. Read more…

India’s Asian integration strategy

Workmen unload a truck at a port in Kolkata. Major ports cause shippers frustration while smaller, private ports are increasing efficiency and market share. (Photo: Reuters/Rupak De Chowdhuri).

Author: Dhiraj Nayyar, NITI Aayog

The Indian economy is experiencing rapid growth of between 7 and 8 per cent a year. To sustain that growth rate and for India to achieve its development potential, it must open up its economy and have a strong export sector. Read more…

Can RCEP revive a dead TPP?

Former US President Obama and the Trans-Pacific Partnership leaders in Manila, Philippines, 18 November 2015 (Photo: Reuters/Jonathan Ernst).

Author: Alwin Adityo, Indonesia Financial Services Authority (OJK)

During the Obama administration, the Trans-Pacific Partnership (TPP) was crucial to US foreign policy in Asia. In the same month that the TPP was signed in February 2015, Obama suggested that ‘we have to make sure the United States — and not countries like China — is the one writing this century’s rules for the world’s economy’. But the fate of the TPP has turned upside down. Read more…

The EU and ASEAN after Brexit

Pro-Europe demonstrators react to Brexit supporters on route during a 'March for Europe' protest against the Brexit vote result earlier in the year, in London, Britain, 3 September 2016. (Photo: Reuters/Luke MacGregor).

Authors: Laura Allison-Reumann, NTU and Philomena Murray, University of Melbourne

The result of the UK referendum in June 2016 in favour of leaving the European Union stunned Europe and the world. In the context of the current uncertainty surrounding the negotiations between the UK government and the EU regarding Brexit, expectations and understandings of regionalism and integration will need to be reassessed. Read more…

China should be granted market economy status

A man walks in front of the entrance of the Shanghai Pilot Free Trade Zone at the Pudong international airport in Shanghai (Photo: Reuters/Carlos Barria).

Author: Claude Barfield, AEI

11 December 2016 marks an important deadline: according to rules established by the WTO for Chinese membership, WTO members must stop treating Beijing as a ‘non-market economy’.

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The business of US economic diplomacy in Asia

US President-elect Donald Trump and Vice-President elect Mike Pence walk off Trump's plane upon their arrival in Indianapolis, 1 December 2016. (Photo: Reuters: Mike Segar).

Author: Dr Martin Parkinson PSM, Canberra

The outcome of the US election has created considerable uncertainty at the country’s future policy directions towards the Asia Pacific. While it is difficult to predict how US economic diplomacy in the region will change, the rule-based order it has led remains crucial to regional security and stability. Read more…

ASEAN still the critical catalyst for China’s future

Myanmar’s State Counsellor Aung San Suu Kyi greets Chinese Premier Li Keqiang while leaders look on during a photo opportunity during an ASEAN–China Summit in Vientiane, Laos, 7 September 2016. (Photo: Reuters/Soe Zeya Tun).

Author: Kishore Mahbubani, NUS

China is making some serious strategic mistakes in its dealings with ASEAN. It is sacrificing its long-term interests in favour of short-term objectives and its global interests in favour of regional concerns. And in the process, it is undermining a critical catalyst to its peaceful rise. Read more…