Search

You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution East-West Center Remove constraint Publishing Institution: East-West Center Political Geography United States Remove constraint Political Geography: United States Topic International Trade and Finance Remove constraint Topic: International Trade and Finance
Number of results to display per page

Search Results

  • Author: Sean P. Connell
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: The Korean government's "creative economy" agenda reflects growing consensus that Korea's future growth and prosperity depends on its ability to become a global leader in developing and commercializing innovative new products, services, and business models. To succeed, the Korean government must address regulatory, structural, educational, and cultural obstacles that have constrained Korea's ability to fully utilize its innovative capacities. This new emphasis on innovation brings Korea into closer alignment with the United States, which has long focused on innovation in its growth strategies. Moreover, it comes during the early stages of implementation of the US-Korea Free Trade Agreement (KORUS), which intersects with important areas of Korea's innovation framework policies. Policymakers, businesses, and researchers in both countries should examine potential new opportunities to increase cooperation around initiatives aimed at fostering innovation and growth, both within the bilateral context and at a global level.
  • Topic: Economics, Industrial Policy, International Trade and Finance, Treaties and Agreements, Bilateral Relations
  • Political Geography: United States
  • Author: Peter A. Petri, Michael G. Plummer
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: ASEAN has become a focal point of the rapidly changing economic architecture of the Asia-Pacific region. ASEAN members are increasingly stable and politically confident, and constitute an emerging economic powerhouse. The region is dynamic, with 600 million citizens and a gross domestic product (GDP) that exceeds $2 trillion and is expected to grow 6 percent annually for the next two decades. (The Appendix at the end of this paper reports detailed output and trade projections to 2025.) Through deeper internal integration via the ASEAN Economic Community (AEC) and external initiatives such as the Regional Comprehensive Economic Partnership (RCEP), ASEAN is becoming a driving force in regional cooperation and a much-courted economic partner. The AEC and the RCEP projects are globally significant: the AEC could generate powerful demonstration effects for other developing regions, and the RCEP could become an important building bloc of the multilateral trading system.
  • Topic: Security, Economics, International Trade and Finance, Markets
  • Political Geography: United States, East Asia, Asia, Asia-Pacific
  • Author: Jeong Yeon Lee
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: Multi-factor productivity (MFP) compares the growth of gross domestic product with the growth of combined capital and labor inputs. The growth rate of MFP assumes theoretical significance because it represents the slope of the steady-state growth path, and hence is a major determinant of the long-term growth trend. This paper offers the balanced panel of the estimated growth rates of MFP for 24 OECD countries over 1986-2011. Based on the estimates of MFP growth, a number of notable trends in productivity growth are identified for the entire OECD area as well as three major economies – the United States, the Eurozone and Japan – within the OECD.
  • Topic: Economics, Industrial Policy, International Trade and Finance, Labor Issues
  • Political Geography: United States, Japan, Europe
  • Author: Jane Nakano
  • Publication Date: 05-2012
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: The United States, Japan, and the European Union—the three key consumers of Chinese rare earth materials—formally complained to the World Trade Organization (WTO) in March about Chinese restrictions on its rare earth exports. Several weeks later, China announced the establishment of a 150-plus member association with the official aim of promoting sustainable development within this sector. Some analysts wonder if this is part of a Chinese plan to circumvent international complaints by instituting an oligopolistic arrangement to control its rare earth exports. Others ask if this could be another step in an escalating dispute with China over the global supply of rare earth materials.
  • Topic: International Relations, Development, International Trade and Finance, Markets, Natural Resources
  • Political Geography: United States, Japan, China, Europe
  • Author: Michael McConnell
  • Publication Date: 03-2012
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: ASEAN countries have long been an important international market for US agricultural exports. The United States, in 2011, exported almost $9.6 billion of agricultural products to ASEAN, making it the sixth-largest export destination for US farmers, ranchers, and agribusinesses—behind Japan ($14 billion) and just behind the European Union ($9.6 billion), but well ahead of South Korea ($7 billion). Moreover, the value of agricultural trade between the United States and ASEAN almost doubled between 2007 and 2011, with the top four ASEAN markets in 2011 for the United States being Indonesia ($2.8 billion), the Philippines ($2.1 billion), Vietnam ($1.7 billion), and Thailand ($1.3 billion). With a population of 614 million and strong economic growth, it is expected that ASEAN will continue to be an important market for US agricultural products. However, the United States is likely to face increasing competition, particularly from China, Australia, and New Zealand, all of which have free trade agreements (FTAs) with ASEAN.
  • Topic: Agriculture, Demographics, Economics, International Trade and Finance, Markets, Food
  • Political Geography: United States, China, Europe, East Asia, South Korea, Australia, Southeast Asia, New Zealand
  • Author: Robert Sutter
  • Publication Date: 02-2012
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: As Sino-American competition for influence enters a new stage with the Obama administration's re-engagement with Asia, each power's legacies in the region add to economic, military and diplomatic factors determining which power will be more successful in the competition. How the United States and China deal with their respective histories in regional affairs and the role of their non-government relations with the Asia- Pacific represent important legacies that on balance favor the United States.
  • Topic: Foreign Policy, Arms Control and Proliferation, Diplomacy, Economics, International Trade and Finance, Bilateral Relations
  • Political Geography: United States, China, America, Asia
  • Author: Raymond Burghardt
  • Publication Date: 02-2010
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: Vietnamese and Americans joined together in Hanoi last December for a happy celebration, commemorating the tenth anniversary of the entrance into force of the US-Vietnam Bilateral Trade Agreement signed in December, 2001. The gathering of current and former trade negotiators, diplomats, and business leaders exchanged witty anecdotes about who had been the toughest negotiator. However, the main focus for both American and Vietnamese participants was on the positive prospects for future US-Vietnam relations across the spectrum of trade and strategic common interests.
  • Topic: Foreign Policy, Cold War, International Trade and Finance, Bilateral Relations
  • Political Geography: United States, America, Vietnam, Southeast Asia
  • Author: Richard C. K. Burdekin
  • Publication Date: 01-2006
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: Over the past five years, U.S. exports to China have been dwarfed by imports from that country, with the resulting trade deficit igniting a bout of China bashing reminiscent of the Japan bashing of the 1980s. A major culprit in the trade imbalance, according to many U.S. analysts and policymakers, is China's currency: the renminbi, they say, is too cheap relative to the dollar. Some are calling for high tariffs on Chinese goods or for further exchange-rate adjustment that would revalue the renminbi significantly upward, making Chinese goods less competitive. But with just 10.4 percent of total U.S. trade attributed to China in the first half of 2005, it is unrealistic that any renminbi exchange-rate adjustment could rein in the burgeoning U.S. trade deficit. And if the adjustment were drastic the United States could be the big loser: driving China out of the market for U.S. treasuries would most likely have calamitous consequences, not only for the dollar but for U.S. credit markets and for the U.S. economy in general.
  • Topic: Economics, International Trade and Finance
  • Political Geography: United States, Asia, North America
  • Author: Kang Wu, Fereidun Fesharaki
  • Publication Date: 06-2002
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: The Middle East is Asia Pacific's largest energy supplier, satisfying a demand for oil that must keep pace with the region's continued economic growth. This dependence on the Middle East has caused Asia Pacific to join the United States and other Western nations in the hunt for alternative suppliers. Central Asia, located between the Middle East and Asia Pacific and already an oil and gas exporter, is an attractive possibility. With energy production projected to rise rapidly over the next decade, Central Asia is poised to become a major player in the world energy market. But the land-locked region's options for transporting oil and gas to Asia Pacific markets are limited and problematic. Passage via pipeline east through China presents construction challenges; south through Iran, or through India and Pakistan via Afghanistan, is fraught with political difficulties. Not until geopolitics become more favorable to the south-bound options, or technologies make the China route possible, will Asia Pacific be able to tap the energy resources of Central Asia.
  • Topic: Security, International Trade and Finance
  • Political Geography: Pakistan, Afghanistan, United States, China, Iran, Middle East, Asia