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

Dmitry Novikov () and Anastasia Pyatachkova
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Dmitry Novikov: National Research University Higher School of Economics

HSE Working papers from 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.

Keywords: Asian regionalism; Sino-American rivalry; institutions; integration initiatives in Asia-Pacific (search for similar items in EconPapers)
JEL-codes: Z (search for similar items in EconPapers)
Pages: 22 pages
Date: 2014
New Economics Papers: this item is included in nep-sea
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Published in WP BRP Series: International Relations / IR, December 2014, pages 1-22

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