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The Actual Balance of Power in Asia-Pacific: Determinants, Characteristics and New Trends

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  • Iulia Monica Oehler-Sincai

Abstract

The present paper is structured around the following research objectives: (1) identification of the main characteristics of Asia-Pacific relations, strategic partnerships and regional rivalries; (2) justification of the need to address this topic both economically and geostrategically; (3) correlation between India’s intention to become a member of APEC (aimed at expanding its sphere of influence in the region), its Act East strategy and the invigoration of strategic partnerships with China’s competitors; (4) reactivation of the debate on principles of governance in Asia and the features of the Factory Asia, highlighting the roles played by China, Japan, ASEAN and India’s new role in the Asian economic integration; (5) the entry of the UK into the Asia-Pacific equation, supported, among other determinants, by the goal of expanding its sphere of influence worldwide.

Suggested Citation

  • Iulia Monica Oehler-Sincai, 2017. "The Actual Balance of Power in Asia-Pacific: Determinants, Characteristics and New Trends," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(3), pages 62-72, September.
    • Handle: RePEc:khe:scajes:v:3:y:2017:i:3:p:62-72
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    References listed on IDEAS

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    1. Capannelli, Giovanni & Tan, See Seng, 2012. "Institutions for Asian Integration: Innovation and Reform," ADBI Working Papers 375, Asian Development Bank Institute.
    2. Baldwin, Richard, 2010. "Sequencing regionalism: Theory, European practice, and lessons for Asia," CEPR Discussion Papers 7852, C.E.P.R. Discussion Papers.
    3. Asian Development Bank Institute, 2017. "Asian Economic Integration Report 2016," Working Papers id:11730, eSocialSciences.
    4. Giovanni Capannelli & See Seng Tan, 2012. "Institutions for Asian Integration : Innovation and Reform," Governance Working Papers 23326, East Asian Bureau of Economic Research.
    5. Menon, Jayant, 2013. "Supporting the Growth and Spread of International Production Networks in Asia: How Can Trade Policy Help?," Working Papers on Regional Economic Integration 112, Asian Development Bank.
    6. Giovanni Capannelli & See Seng Tan, 2012. "Institutions for Asian Integration : Innovation and Reform," Trade Working Papers 23326, East Asian Bureau of Economic Research.
    7. Giovanni Capannelli & See Seng Tan, 2012. "Institutions for Asian Integration : Innovation and Reform," Macroeconomics Working Papers 23326, East Asian Bureau of Economic Research.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Asia-Pacific; APEC; ASEAN; ASEAN+6; Factory Asia;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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