|Table of Contents|

Connotation, direction and constraints of the “Indo-Pacific Economic Framework”(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2023年01期
Page:
88-101
Research Field:
国际经济与贸易
Publishing date:

Info

Title:
Connotation, direction and constraints of the “Indo-Pacific Economic Framework”
Author(s):
ZHOU Fangyin MA Songruowen
(1. School of International Relations, Guangdong University of Foreign Studies, Guangzhou 510006,Guangdong, China; 2. School of Social Sciences, The Chinese University of Hong Kong, Hong Kong 999077, China)
Keywords:
“Indo-Pacific Economic Framework” Indo-Pacific strategy Asia-Pacific economy TPP RCEP supply chain digital economy
PACS:
F113; F125
DOI:
-
Abstract:
The Indo-Pacific economic framework is another important effort to try to dominate the economic order in the Asia-Pacific region since the U.S. withdrew from the Trans Pacific Partnership(TPP), and constitutes the economic pillar of the U.S. Indo-Pacific strategy. The analysis and research on the proposal and promotion of the “Indo-Pacific Economic Framework” and the U.S. Asia-Pacific policies show that, the Indo-Pacific economic framework eschews traditional trade arrangements such as tariff concessions and focuses on industrial layout, under which the U.S. government will directly intervene in the micro-behaviors of enterprises internationally with more intense efforts. The market, technology and capital of the United States have great attraction to other countries. Some countries hope to win a foothold in the rapid development of emerging industries, while having concerns about the economic costs of participating in the “Indo-Pacific Economic Framework” and the risk of being involved in geopolitical conflicts. At the same time, in the process of promoting the Indo-Pacific economic framework, they face problems such as the conflict between political logic and economic logic, insufficient market drive, unbalanced exchange of interests between the U.S. and other member countries, and declining strategic credibility of the U.S. in the international community, arising from the attempt of the U.S. to serve its purpose of strategic competition with China in the Asia-Pacific region.

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Memo

Memo:
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Last Update: 2023-03-01