Asia Alone E-Book

Simon S. C. Tay

• Herausgeber: John Wiley & Sons
• Kategorie: Fachliteratur
• Sprache: Englisch

Seitenzahl: 430

Veröffentlichungsjahr: 2010

Beschreibung

An insightful examination of the changing relationship between Asia and the United States In this lucidly written and thought-provoking book, author Simon Tay highlights the accelerating trends that point to Asia increasingly forging its own path, independent of the United States. He also describes the fundamental changes and new policy directions needed to maintain and strengthen the bonds between Asia and the United States that have been beneficial to both since the end of the Second World War. On the eve of the global financial crisis of 2008, the economies of the United States and its Asian partners were deeply interdependent. But the different approaches taken to the crisis by Asian and Western leaders point to a new separation that may have negative consequences for the economies and businesses of both regions. To avoid a dangerous divide that may make us all the poorer, Tay reveals what leaders, policy-makers, companies, and citizens can do to find a balance that enriches us all. * Written by a leading public intellectual CNN's Fareed Zakaria describes as "one of the most intelligent and reliable guides to the region" * Touches on major issues in foreign policy and economics that will impact Asian nations and the United States over the near future * Explains the changing nature of economic relations in the global economy For foreign policy followers, politicians, and businesspeople, Asia Alone charts a path forward--together.

Leseprobe

Table of Contents

Praise

Title Page

Copyright Page

Introduction

Acknowledgments

Chapter 1 - FROM INTERDEPENDENCE TO A DANGEROUS DIVIDE

Langfang and Interdependence

Origins in Crisis

A New Asian Balance

Meeting Mr. Post-American

The Blame Game

From American Soft Power to Chinese Charm

Why It Matters

What Can Be Done

Chapter 2 - TWO CRISES, ONE ASIA

Asia as One

The “Asian” Crisis and America

How America Lost Asia

Asia Decoupling

Chapter 3 - LEADING ASIA’S RISE

China and Southeast Asia: From Alarm to Charm

Gaining from Crises, Gaining from China

ASEAN’s Example

The Problem with Japan and Others

ASEAN’s Limits and the Regional Mess

Chapter 4 - WHEN BUFFALO FIGHT

Tribute to China

Contested Histories, Future Doubts

Enter India

The Status Quo: Containment and Balance

Economic Logic and Political Insanities

Chapter 5 - AMERICAN ADJUSTMENTS AND CONTINUING INTERESTS

When the Going Gets Tough, the Tough (Don’t) Go Shopping

Chinese Trading Junk, Globalization Blues

The Asian Opportunity (Again)

From Americanization to Global-as-Asian

“Buy American”: Investment as Invasion

Chapter 6 - BRIDGING THE DIVIDE, REBALANCING THE REGION

Eight Days in Asia: Kowtowing and Not Being Kennedy

A Risen China and the “Power of &”

The City of &: The Equi-Proximate Policy

Asia’s Normative Community

Chapter 7 - A SHARED FUTURE?

A Dubai-ous Global Future

Getting Asia on the Global Stage

What Can Asians and Americans Do?

American Presence Not Past

Asia Alone and the Options

The Post-Crisis World

NOTES

INDEX

Advance Praise for Asia Alone

The Dangerous Post-Crisis Divide from America

There is no better-informed or more nuanced observer of the great Pacific relationship than Simon Tay. In Asia Alone, Tay shares the perspective gained from his many years of observation and involvement at the highest levels. He moves seamlessly from history to economics to business to politics to environment to security, and weaves an image of Asian and U.S. competition and cooperation that is both unique and compelling. Policy-makers, strategic managers, and commentators who need to understand the past, present and future of the Pacific basin relationship need this book to show them that there is an important relationship that, if managed well with the clear-eyed perspective that Tay provides, can survive the Great Recession, the growth of Chinese power, and the end of unipolarity.

Joel P. TrachtmanProfessor of International LawThe Fletcher School of Law and DiplomacyTufts University

This is an important and provocative book. Asia is rising, but is it going on its own path, absent America? I do not think so. But whether you agree with the author or not, this is a book you should read.

Tommy Koh Ambassador-At-Large, Singapore Chairman, Singapore Institute of Policy Studies

The thoughtful, timely, and distinctively Singaporean case that Simon Tay makes—for an “Asian normative community” in partnership with “post- American American leadership”—merits attention not just in Washington but in Beijing and Tokyo as well.”

Donald K. EmmersonStanford University

This book is a joy to read. Simon Tay has presented his insights in an engaging and highly readable style. Asia Alone seeks to answer the grand strategic question of this century, “how can Asian stability and prosperity be sustained as American primacy wanes?” Tay’s thoughts will assuredly resonate with those who shape policies across the region and beyond, from Kuala Lumpur to Canberra, from Bangkok to Beijing, and perhaps most importantly, Washington, DC.

Dato’ Dr. Mahani Zainal AbidinChief Executive, Institute of Strategic andInternational Studies (ISIS) Malaysia

Simon Tay offers an astute and beautifully written account of the impact of the global financial crisis on the relationship between the United States and Asia, arguing that economic decoupling doesn’t have to mean an ugly divorce. His vision of how to remake the partnership so that it works better for both should be essential reading for businesspeople and diplomats alike.

Susan ShirkU.S. Deputy Assistant Secretary of StateEast Asia and Pacific Affairs 1997-2000Ho Miu Lam Endowed Chair in China and Pacific RelationsUniversity of California, San Diego

It’s not often that I read a book from cover to cover these days, let alone in one sitting. But Simon Tay’s Asia Alone is one of those rare books that leads to “a-ha!” moments of new understanding on almost every page. His explanation of the underlying forces that are shaping the post-crisis world not only in Asia, but globally, is unmatched. I hope this book will be translated from its superbly written English into many languages to support the emergence of a new generation of leaders in the region on an issue that is central to the future of humanity.

Peter Hayes Professor of International Relations RMIT University

Dr. Tay asks whether the traditional symbiosis between the US and Asia has begun to dissolve as a result. The answer is not an easy one. But it makes reading Asia Alone a thought-provoking experience.

Bindu Lohani Vice-President, Asian Development Bank

Amid the celebration of Asia’s rise Simon Tay, one of the region’s clear-headed thinkers, has struck a valuable cautionary note: if the Asian drift away from the United States cannot be reversed the much-heralded prosperity of the region and America’s economic recovery could be in jeopardy. It is a wise counsel leaders on both sides of the Pacific would do well to heed.

Nayan Chanda Author, Bound Together: How Traders, Preachers, Adventurers and Warriors Shaped GlobalizationEditor, YaleGlobal Online

America is an open society with a closed mind. Outrageous? Why then do Americans only read books written by Americans instead of non-Americans to understand the non-American world? The time has come for Americans to pay more heed to sympathetic voices outside America. Hence, Simon Tay’s book is truly timely as it provides valuable and constructive advice for American policymakers.

Kishore Mahbubani Author, The New Asian Hempishere: The Irresistible Shift of Global Power to the East Dean, Lee Kuan Yew School of Public Policy National University of Singapore

This is a book rich in scholarship and common sense. It argues for a more regionally cohesive Asia but one in which the United States forgoes its prior dominance in favor of a more cooperative role as Asia’s partner. As a Singaporean steeped in both Asian and American experiences, Tay is well-positioned to offer this timely analysis of the complex dynamics shaping developments in this challenging pan-Pacific relationship.

T.J. Pempel Professor, Political Science University of California, Berkeley

Whether Simon Tay’s commentary will stand the test of the time only time can tell. But he has written a readable and carefully thought out analysis that should be read with keen interest and consideration on both sides of the Pacific.

John S. WolfU.S. Ambassador to Malaysia, 1992-1995President, Eisenhower Fellowships

Placing in relief the important perennial issue of Asian regionalism in the context of the 2008 financial crisis, the book considers Washington’s coupling/ decoupling with Asia in the wake of the 2008 financial crisis. Bearing in mind historical developments and ongoing changes in Asia, Professor Tay provides insights on the future regional order and related options, suggesting where the rising China is heading and the viability of “the Power of &”—the simultaneous burgeoning of regionalism in Asia and its engagement with the United States.

Akiko Fukushima Senior Fellow, The Japan Foundation

Simon’s latest book offers a superb analysis of the consequence of America’s decoupling with Asia, and presents a penetrating view why Asia and America are still and shall continue to be codependent.

Shen DingliProfessor and Deputy Director, Center of American StudiesFudan University Executive DeanInstitute of International Studies (China)

Simon Tay has lucidly framed the new realities of geopolitics that result from the Global financial crisis. There is no way back but the right way forward remains unclear. As Tay makes clear the challenges ahead are inherent in our perceptions of our shared future. In Asia Alone, Asian and American leaders will find a helpful guide to their critical choices.

Peter Schwartz Cofounder, Global Business Network

Not only is this book a clear-headed argument for the changing relationship between the United States and Asia, and of Asians among themselves, in the wake of the global economic crisis, but it also offers a big idea about the ways to balance U.S.-centric bilateral relations with Asian regional integration processes. There is much in this book to enrich the debate on seeking new ways and forms of cooperation and interdependence between the United States and Asia.

Shin-wha Lee Professor, Department of Political Science and International Relations, Korea University

At a time when a rising Asia and a humbled America are causing leaders across the Pacific to take a new look at Asia-U.S. relations, leading Asian affairs expert Simon Tay provides a penetrating analysis of the immense challenges facing the rapidly changing region and a thoughtful proscription for how Asians and Americans can best work together to realize the great potential promise of this Asia-Pacific century. Asia Alone is a terrific book!

Jamie Metzl Executive Vice President, Asia Society (New York)

Simon Tay’s narrative of Asian and American interaction in the future imparts just the right balance of caution, wonder, and hope we all need to thrive in a world of increasing connectivity and fragmentation. A sharp read for all generations!

Mar RoxasSenator, Republic of the Philippines

A timely book and a very good read too.

Dewi Fortuna Anwar Professor and Deputy Chair for Social Sciences and Humanities Indonesian Institute of Sciences

With compelling logic and vivid illustrations, Asia Alone explains the danger of Asia’s detachment from America. Simon Tay, with his acute sense of politics and business savvy, provides sharp analysis of how the Bush Administration “lost” Asia, and the region is becoming self-absorbed especially after the 2008 Global Financial Crisis. He advocates positive sum interaction among the Asian countries and more equal relationship between the United States and Asia. Fluidly written, the book is a must read for not only those engage with Asian affairs in business and foreign policy, but also anyone who ponder the future of international relations.

Saori N. Katada Associate Professor, School of International Relations University of Southern California

We are living in a highly interdependent world. Neither Asia, nor the U.S. alone could meet the new challenges. However, Asia will play a more important role in restructuring and rebalancing the future world economy and also politics.

Zhang Yunling Professor, Chinese Academy of Social Sciences

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INTRODUCTION

This book is about the changing relationship between America and Asia in the wake of the global economic crisis. Events from late 2008 to the end of 2009 are the focus—from the collapse of the Lehman Brothers Bank in New York and the start of the global financial and economic crisis up to the first visit by the new U.S. president, Barack Obama, to Asia. The book’s analysis also draws on trends that have emerged over the past decade, especially since the 1997-98 crisis that rippled across Asia, and it projects trends out into the future post-crisis years.

I see dangerous trends emerging from the current crisis that can—if unchecked—rapidly and fundamentally alter the relationship between America and Asia, and not for the better. The two entered this crisis together, their economies clearly interdependent. But their relationship is changing; the two may end up more divided than united, and the poorer as a result. The United States appears to be facing a relative decline in its powers, and its political will to engage with Asia and its influence seem also to be waning. At the same time, Asia is rising and developing a stronger sense of regionalism, with the result that the region can and will be more ready to take its own path. These trends are accelerating in the crisis—more quickly than either the Americans or Asians recognize and are ready for.

Why is it a danger if America and Asia are divided in the wake of the crisis? Since the end of World War II, when it emerged as a world power, the United States has been the dominant country in Asia. In many ways, its influence has been beneficial, relatively benign. American engagement has provided the foundation of stability for the region, a bulwark against the spread of communism during the Cold War and, afterwards, for the promotion of democracy and protection of human rights. The United States has stood also for freer markets, and trade and investments mark the American relationship with Asia. Asians have largely benefited from the American presence, and their economies have boomed in this period. If a divide opens between America and Asia, economic and business opportunities and synergies will be missed. Stability for Asia and the stature of the United States will be compromised. A partnership—valuable and indeed critical to both—will end precipitately. This is not inevitable, but it is increasingly probable.