This discussion directs attention to the fact that economic cooperation and security are complementary.

The prospect of a new, rapidly rising China poses both opportunities and challenges for regional community building in Asia Pacific. In this book, intellectual leaders from the region present their perspectives on China's development. Four chapters by Chinese authors analyze the domestic dynamics related to the country's political and economic development as well as its external economic and political/security relationships. Contributors from Japan, Korea, member-countries of the Association of Southeast Asian Nations, and Australia/New Zealand cover the growing political influence of China in the region, its influence on security in the region, and the implications of China's continuing economic growth. Five final chapters examine China's regional strategy toward Asia Pacific, Japan-China cooperation on regional community building, taking a greater role in regional security arrangements and the regional economic order, and the cultural implications for the region of the rise of China. Contributors include Yang Guangbin (Renmin University, Japan), Men Honghua (Central Party School, China), Wang Rongjun (Chinese Academy of Social Science), Ni Feng (Chinese Academy of Social Sciences), Takahara Akio (Rikkyo University, Japan), Ohashi Hideo (Senshu University, Japan), Lee Geun, (Seoul National University, Korea), Jwa Sung-Hee (Korea Economic Research Institute), Morada Noel (Institute for Strategic and Development Studies, Philippines), Mari Pangestu (former executive director, Center for Strategic and International Studies), Greg Austin, (European Institute for Asian Studies, Brussels, and Australian National University), Jusuf Wanandi (Center for Strategic and International Studies, Indonesia), Chia Siow Yue (Singapore Institute of International Affairs and EADN), and Wang Gungwu, (East Asian Institute, Singapore).

Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.

The Indo-Pacific is fast becoming the world's dominant region. As it grows in power and wealth, geopolitical competition has reemerged, threatening future stability not merely in Asia but around the globe. China is aggressive and uncooperative, and increasingly expects the world to bend to its wishes. The focus on Sino-US competition for global power has obscured "Asia's other great game": the rivalry between Japan and China. A modernizing India risks missing out on the energies and talents of millions of its women, potentially hampering the broader role it can play in the world. And in North Korea, the most frightening question raised by Kim Jong-un's pursuit of the ultimate weapon is also the simplest: can he control his nukes? In Asia's New Geopolitics: Essays on Reshaping the Indo-Pacific, Michael R. Auslin examines these and other key issues transforming the Indo-Pacific and the broader world. He also explores the history of American strategy in Asia from the 18th century through today. Taken together, Auslin's essays convey the richness and diversity of the region: with more than three billion people, the Indo-Pacific contains over half of the global population, including the world's two most populous nations: India and China. In a riveting final chapter, Auslin imagines a war between America and China in a bid for regional hegemony and what this conflict might look like.

In recent years the tremendous growth of the service sector—including international trade in services—has outstripped that of manufacturing in many industrialized nations. As the importance of services has grown, economists have begun to focus on policy issues raised by them and have tried to understand what, if any, differences there are between production and delivery of goods and services. This volume is the first book-length attempt to analyze trade in services in the Asia-Pacific region. Contributors provide overviews of basic issues involved in studying the service sector; investigate the impact of increasing trade in services on the economies of Taiwan, Korea, and Hong Kong; present detailed analyses of specific service sectors (telecommunications, financial services, international tourism, and accounting); and extend our understanding of trade in services beyond the usual concept (measured in balance of payment statistics) to include indirect services and services undertaken abroad by subsidiaries and affiliates.

It is important to see China’s activities in the Pacific Islands, not just in terms of a specific set of interests, but in the context of Beijing’s recent efforts to develop a comprehensive and global foreign policy. China’s policy towards Oceania is part of a much larger outreach to the developing world, a major work in progress that involves similar initiatives in Asia, Africa, Latin America, and the Middle East. This groundbreaking study of China’s “soft power” initiatives in these countries offers, for the first time, the diverse perspectives of scholars and diplomats from Oceania, North American, China, and Japan. It explores such issues as regional competition for diplomatic and economic ties between Taiwan and China, the role of overseas Chinese in developing these relationships, and various analyses of the benefits and drawbacks of China’s growing presence in Oceania. In addition, the reader obtains a rare review of the Japanese response to China’s role in Oceania, presented by Japan’s leading scholar of the Pacific region.

Covers the influence of international public goods and landmark developments and assesses how they have affected Asia’s development through the ‘Golden’ and ‘Silver Ages’ of economic development. It also considers the challenges for the continuation of a new ‘Platinum Age’ of development driven by China and India.

The new, fully updated second edition of The New Global Politics of the Asia Pacific builds on its coherent framework for understanding the complex international and global politics of the Asia Pacific. The textbook provides an introductory guide for the main frameworks needed to understand the region (realism, liberalism, critical theory), which is reader-friendly while still offering sophisticated competing interpretations. Key content includes: the US in the Asia Pacific; China and Japan in the Asia Pacific; Southeast Asia in the Asia Pacific; India in the Asia Pacific; Russia in the Asia Pacific; Australia in the Asia Pacific; Europe in the Asia Pacific; globalization, regionalism and political economy; Asian values, democracy and human rights; transnational actors; region security order and the impact of terrorism on the region. A highly topical account, which provides an overview of the main actors, institutions and contemporary issues such as security, terrorism and transnational actors, the book is required reading for undergraduate students of Asian studies, international politics, and anyone interested in the region.

The 1997–8 Asian financial crisis exposed weaknesses in the region’s national financial systems, but since then East Asia has become the world’s most dynamic economic region. Domestic financial systems have developed, cross-border financial flows within the region are growing apace as demand from governments and large firms increases and as the capabilities of financial institutions develop, and governments have initiated regional cooperation aimed at preventing future crises and managing them if they occur. This book examines the economies of Asia and the Pacific with reference to financial reform and liberalization, monetary policy frameworks, banking and capital markets, regulation and supervision and macroeconomic policies. Further, it asks what lessons have been learned from both the Asian financial crisis and the recent financial crisis, how to engender financial stability in the region, and how to ensure that the benefits of economic growth and financial development reach all members of society. Across four key sections, the chapters examine the future implications of historical studies of the relationships between financial development and growth; financial development including banks, non-bank financial institutions and capital markets; how financial stability is being sought in the region; and China’s plans for capital account opening and renminbi internationalization and subsequent the policy implications for China’s neighbours. This book draws on papers originally presented to the 36th Pacific Trade and Development Conference held in Hong Kong in 2013, and features contributions from leading academics and economists from around the world. As such, it will be of great interest to students and scholars of Asian economics, Asia Pacific studies, international economics and international finance.

Papers presented at a workshop held by the Indian Council for Research on International Economic Relations, New Delhi, in March 2006.