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ID081495
Title ProperUS economic statecraft in East Asia
LanguageENG
AuthorKelton, Maryanne
Publication2008.
Summary / Abstract (Note)Linkage politics in the US were revived after the terrorist attacks in 2001 as the US endeavored to bolster its position in the international system. This paper examines current US economic statecraft in East Asia, particularly through the use of the preferential trade agreement instrument. As the US encounters increasing threats in the region through China's economic and military expansion, the emergence of Islamic militancy, and continuing tensions on the Korean peninsula, it is attempting to reinforce its strategic position through the economic reinforcement of its bilateral politico-military alliances. However, as the establishment of its recent free trade agreements has revealed, neo-mercantilist politics, as motivated by US Congressional attention to domestic lobbying, present a risk to this strategy. It is possible that this tendency to economic nationalism, as evidenced in the Australia-US Free Trade Agreement, will detract from the broader purpose of reinforcing the US strategic position in the region.
`In' analytical NoteInternational Relations of the Asia-Pacific Vol. 8, No.2; 2008: p149-174
Journal SourceInternational Relations of the Asia-Pacific Vol. 8, No.2; 2008: p149-174
Key WordsFree Trade Agreement ;  Australia ;  United States ;  East Asia ;  Economic Cooperation