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Sino-American Rivalry In The Context Of Asia-Pacific Economic Regionalism

Author

Listed:
  • Dmitry P. Novikov

    (National Research University Higher School of Economics)

  • Anastasia S. Pyatachkova

    (National Research University Higher School of Economics)

Abstract

The rise of Asian regionalism and Sino-American rivalry are determining trends in the Asia-Pacific region. Asian economic indicators remain stable and growing even during the severe global crisis of 2008 and have become more and more comparable to those of developed countries. The current trend creates a basis for Asian states to concentrate on domestic needs for development rather than export orientation, which leads to a new model of cooperation in the region. China’s growing assertiveness in international affairs and the US ‘Pivot to Asia’ have triggered confrontation and tensions which have negative effects on economic cooperation boosted by Asian regionalism and influence its institutional framework. Sino-American rivalry is also provoking a power shift which is reshaping the relations between all the regional actors. This article analyses Asian regionalism and Sino-American rivalry as two objective processes in the Asia-Pacific region and shows their effects on regional development using the examples of TPP and RCEP initiatives.

Suggested Citation

  • Dmitry P. Novikov & Anastasia S. Pyatachkova, 2014. "Sino-American Rivalry In The Context Of Asia-Pacific Economic Regionalism," HSE Working papers WP BRP 09/IR/2014, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:09/ir/2014
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    References listed on IDEAS

    as
    1. Peter A. Petri & Michael Plummer, 2012. "The Trans-Pacific Partnership and Asia-Pacific Integration: Policy Implications," Policy Briefs PB12-16, Peterson Institute for International Economics.
    2. Giovanni Capannelli, 2011. "Institutions for Economic and Financial Integration in Asia : Trends and Prospects," Trade Working Papers 23228, East Asian Bureau of Economic Research.
    3. Inkyo Cheong & Jose Tongzon, 2013. "Comparing the Economic Impact of the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership," Asian Economic Papers, MIT Press, vol. 12(2), pages 144-164, Summer.
    4. Petri, Peter A., 2012. "The Trans-Pacific Partnership and Asia-Pacific Integration," 2012: New Rules of Trade? December 2012, San Diego, California 143184, International Agricultural Trade Research Consortium.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Asian regionalism; Sino-American rivalry; institutions; integration initiatives in Asia-Pacific;
    All these keywords.

    JEL classification:

    • Z - Other Special Topics

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