East-West Center analysis about alliances and partnerships
View this email in your browser
East-West Center

New Publication

At the Crossroads: The TPP, AIIB, and Japan's Foreign Economic Strategy
by Saori N. Katada

AsiaPacific Issues, no. 125 (Honolulu: East-West Center, May 2016)
8 pp.
Download PDF file free of charge

In 2015, two mega-initiatives took shape that will affect economic relations in the Asia-Pacific region: the US-promoted Trans-Pacific Partnership (TPP) trade agreement and the China-led Asian Infrastructure Investment Bank (AIIB). Although they address different needs, both are expected to have profound effects on Asia's economic governance in the near future, and will shape economic norms in the Asia Pacific and beyond. Japan has joined the TPP but stayed out of the AIIB, decisions that might seem counterintuitive considering its history of resisting trade liberalization and of promoting infrastructure investment. Is Japan simply favoring its US ally over rival China? Or is it that Japan's position on the TPP and AIIB aligns with its own economic priorities, and enhances its geoeconomic advantage? With a US-China competition over economic ideas and regional strategies, Japan occupies a unique position that may allow it to influence the direction of Asia-Pacific economic governance, which is now being battled out by the two "titans."


See related publications below

Papers in the AsiaPacific Issues series address topics of broad interest and significant impact relevant to current and emerging policy debates.  For more information on the series, including submission guidelines, visit

Related East-West Center Publications

US-Japan Relations and Southeast Asia: Meeting Regional Demands
by Satu P. Limaye and Tsutomu Kikuchi

New Directions in Asia-Pacific Economic Integration
by Ambassador Tang Guoqiang and Peter A. Petri (eds.)

Mega-Regionalism New Challenges for Trade and Innovation Conference Papers
Dieter Ernst and Michael Plummer (conference coordinators)

Policy Studies

Aligning Unevenly: India and the United States
by Dinshaw Mistry
Policy Studies 74, 2016

ASEAN Centrality and the ASEAN-US Economic Relationship
by  Peter A. Petri and Michael G. Plummer
Policy Studies 69, 2014

Patterns of Free Trade Areas in Asia
by  Masahiro Kawai and Ganeshan Wignaraja
Policy Studies 65, 2013

AsiaPacific Issues

Mega-FTAs and the Trade-Security Nexus: The Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP)
by Vinod K. Aggarwal
AsiaPacific Issues, no. 123, March 2016

The ASEAN Economic Community: What Stands in the Way?
by Jörn Dosch
AsiaPacific Issues, no. 119, September 2015

Transforming the Regional Architecture: New Players and Challenges for the Pacific Islands
by Nic Maclellan
AsiaPacific Issues, no. 118, August 2015

The Asia-Pacific Cooperation Agenda: Moving from Regional Cooperation Toward Global Leadership
by Charles E. Morrison
AsiaPacific Issues, no. 116, October 2014

Creating Korea's Future Economy: Innovation, Growth, and Korea-US Economic Relations
by Sean P. Connell
AsiaPacific Issues, no. 111, January 2014

Asia Pacific Bulletin

Nepal-China Connectivity and the Need for Regional Cooperation
by Anil Sigdel
Asia Pacific Bulletin, no. 347, June 9, 2016

Beyond Shared Interests: The US and the Evolution of Indian Military Strategy
by Arzan Tarapore
Asia Pacific Bulletin, no. 343, May 19, 2016

Can the US-ASEAN Connect Initiative Create Stronger US-ASEAN Economic Relations?
by Sanchita Basu Das
Asia Pacific Bulletin, no. 339, April 7, 2016

US Economic Ties to ASEAN Demand a New Agility
by Shankaran Nambiar
Asia Pacific Bulletin, no. 338, April 5, 2016

The U.S.-Malaysia Security Connection
by Marvin Ott and Derek Maseloff
Asia Pacific Bulletin, no. 335, February 24, 2016

Japan-Taiwan Relations in the New DPP Era
by Yasuhara Matsuda
Asia Pacific Bulletin, no. 334, February 11, 2016

Implications for Southeast Asia of the New U.S.-Japan Defense Guidelines
by Bhubhindar Singh
Asia Pacific Bulletin, no. 329, November 10, 2015

India-Japan-U.S. Trilateral Dialogue Gains Additional Traction
by Rajeswari Pillai Rajagopalan and Sylvia Mishra
Asia Pacific Bulletin, no. 327, October 22, 2015

ACHR in October 2015 Change or Continuity in the Diplomatic Club?
by Naila Maier-Knapp
Asia Pacific Bulletin, no. 324, October 7, 2015

Building Japan-ROK Relations Through East Asian Maritime Security
by Amanda Conklin, Sora Chung, Grace Kim, and Nicole Goertzen-Tan
Asia Pacific Bulletin, no. 321, September 15, 2015

A Long Way from Sharing a Mountain: Japan-China Relations and the Creation of the AIIB
by Aki Sakabe-Mori
Asia Pacific Bulletin, no. 320, September 9, 2015

How the ASEAN Economic Community Will Benefit American Companies
by Asad Latif
Asia Pacific Bulletin, no. 306, June 23, 2015

An Emerging 3rd Pillar in Asian Architecture? AIIB and Other China-led Initiatives
by Cheng-Chwee Kuik
Asia Pacific Bulletin, no. 305, March 26, 2015

A Little Help from Our Friends: Security Partnerships and the Rebalance
by Marvin Ott and Julia Allen
Asia Pacific Bulletin, no. 304, March 24, 2015

The Regional Comprehensive Economic Partnership: New Paradigm or Old Wine in a New Bottle?
by Sanchita Basu Das
Asia Pacific Bulletin, no. 301, February 10, 2015

Understanding the Persistence of American Alliances and Partnerships in the Asia-Pacific
by William Tow
Asia Pacific Bulletin, no. 276, August 14, 2014

TPP: An Agreement to Bridge the United States with ASEAN and Asia
by Sanchita Basu Das
Asia Pacific Bulletin, no. 268, June 12, 2014

Strategic Implications of TPP: Answering the Critics
by Ellen Frost
Asia Pacific Bulletin, no. 220, July 9, 2013

East-West Center Working Papers

The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment
by Peter A. Petri, Michael G. Plummer, and Fan Zhai
East-West Center Working Papers, Economics Series, no. 119, October 24, 2011
Recent Publications


Also of interest

What's Next for the TPP?
(video presentation)
 ASEAN  |  Japan 
  South Korea  |  Australia
 China  |  India  |  Taiwan

an interactive website with analysis, data, and reporting on the importance of Asia to the United States at national, state, and local levels
The Asia Matters for America initiative of the East-West Center has launched a new online resource, Asia Reacts, which will track Asia's reactions to important developments in US-Asia relations during and after the 2016 US presidential election. The new resource collects news coverage, op-eds, political cartoons, video, and analysis from English-language newspapers, think tanks, and government agencies.
Follow EWC




Search the East-West Center Publications website for other publications by the East-West Center and its staff. If you have any questions, comments, or need further information, contact the East-West Center Publication Sales Office at
Copyright © 2016 East-West Center, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list