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You searched for: Content Type Commentary and Analysis Remove constraint Content Type: Commentary and Analysis Political Geography Asia-Pacific Remove constraint Political Geography: Asia-Pacific Topic Geopolitics Remove constraint Topic: Geopolitics
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  • Author: Jonathan Pryke
  • Publication Date: 03-2020
  • Content Type: Commentary and Analysis
  • Institution: East-West Center
  • Abstract: In an atmosphere of heightened geostrategic competition, China’s Belt and Road Initiative (BRI) has raised questions about the risk of debt problems in less-developed countries. Such risks are especially worrying for the small and fragile economies of the Pacific. A close look at the evidence suggests that China has not been engaged in debt-trap diplomacy in the Pacific, at least not so far. Nonetheless, if future Chinese lending continues on a business-as-usual basis, serious problems of debt sustainability will arise, and concerns about quality and corruption are valid.There have been recent signs that both China and Pacific Island governments recognize the need for reform. China needs to adopt formal lending rules similar to those of the multilateral development banks, providing more favorable terms to countries at greater risk of debt distress. Alternative approaches might include replacing or partially replacing EXIM loans with the interest-free loans and grants that the Chinese Ministry of Commerce already provides.
  • Topic: Debt, Development, Diplomacy, Geopolitics, Belt and Road Initiative (BRI)
  • Political Geography: China, Asia, Asia-Pacific
  • Author: Roland Rajah, Alexandre Dayant, Jonathan Pryke
  • Publication Date: 10-2019
  • Content Type: Commentary and Analysis
  • Institution: Lowy Institute for International Policy
  • Abstract: China has not been engaged in debt trap diplomacy — at least not yet. China has not been the primary driver behind rising debt risks in the Pacific, although a continuation of business as usual would risk future debt problems in several countries. There is scope for a new Australian infrastructure financing facility to provide loans to the Pacific without causing debt problems, particularly as it has adopted key sustainable lending rules. Pacific nations have an opportunity to obtain more favourable financing from official development partners but care must be taken to avoid overly geopolitical aid.
  • Topic: Debt, Development, Infrastructure, Geopolitics, Soft Power, Belt and Road Initiative (BRI)
  • Political Geography: China, Australia, Asia-Pacific
  • Author: Bobo Lo
  • Publication Date: 08-2019
  • Content Type: Commentary and Analysis
  • Institution: Lowy Institute for International Policy
  • Abstract: The rise of Asia is the central challenge of Vladimir Putin’s foreign policy, calling into question long-standing assumptions about Russia’s place in the world. Moscow is now more committed to engagement with the Asia-Pacific than it has ever been. This reflects belated recognition of the region’s critical importance in global affairs. Russia’s ambition to become a major player in the Asia-Pacific faces considerable hurdles. Overcoming them will depend on larger changes in its foreign policy mindset — an uncertain prospect at best.
  • Topic: Foreign Policy, Geopolitics, Economy, Vladimir Putin
  • Political Geography: Russia, Asia-Pacific
  • Publication Date: 10-2019
  • Content Type: Commentary and Analysis
  • Institution: East-West Center
  • Abstract: With a population of 650 million and an annual GDP of $2.8 trillion, ASEAN is a key component of the US Indo-Pacific Strategy. Two visitors to the East-West Center, Kavi Chongkittavorn and Anu Anwar, emphasized that the United States needs to take several steps to strengthen working relations with ASEAN. Priorities for the Trump administration include: Attend the annual ASEAN-sponsored East Asia Summit; Establish personal rapport with ASEAN leaders; Participate actively in all ASEAN-led mechanisms, including the ASEAN Regional Forum, the ASEAN Defense Ministerial Meeting Plus, and the Lower Mekong Initiative; Appoint an American envoy to ASEAN, a position that has been vacant for more than 30 months; Maintain the ASEAN-focused programs and activities initiated under previous US administrations; Expand educational, cultural, and youth programs; Strengthen the US-ASEAN security commitment, in particular maritime and cyber security.
  • Topic: International Relations, Geopolitics, Donald Trump, ASEAN
  • Political Geography: North America, Asia-Pacific, United States of America, Indo-Pacific
  • Author: Greg Colton
  • Publication Date: 04-2018
  • Content Type: Commentary and Analysis
  • Institution: Lowy Institute for International Policy
  • Abstract: Greater Australian engagement in the Pacific Islands region is needed if Canberra wants to ensure regional stability and underpin Australia’s national security. Inconsistent engagement by Australia, the United States, France and New Zealand in the Pacific Islands region has created space that non-traditional powers have exploited to engage with sovereign Pacific Island states. There is an increasing risk of geostrategic competition in the region, particularly with the growing influence of China and the economic leverage it holds over some indebted Pacific Island nations. The Australian Government should pursue a deliberate strategy of forging stronger links with its traditional partners in the region, and more equitable partnerships with its Pacific Island neighbours, if it is to underpin regional stability and strengthen Australia’s national security.
  • Topic: International Relations, National Security, Regional Cooperation, Geopolitics, Economy
  • Political Geography: China, France, Australia, Asia-Pacific, United States of America
  • Author: Bart Gaens
  • Publication Date: 11-2016
  • Content Type: Commentary and Analysis
  • Institution: Finnish Institute of International Affairs
  • Abstract: The evolving Asia-Pacific region is marked by increased balancing strategies, the forging of flexible partnerships between countries, and economic interconnectedness. In order to retain a central role and achieve a new equilibrium, the US will need to adapt to these changes.
  • Topic: International Cooperation, International Affairs, Geopolitics, Political stability
  • Political Geography: America, Asia-Pacific