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    In Retrospect: Assessing Obama’s Asia Rebalancing Strategy

    Galace, Uriel N. | December 2016
    Abstract
    United States President Barack Obama sought to re-invigorate the US’ primacy in the Asia Pacific with a speech to the Australian Parliament in November 17, 2011, announcing a new foreign policy towards the region. Dubbed the “rebalancing strategy,” this plan sought to expand American presence within the Asia-Pacific by forging closer military, trade, and people-to-people ties with various states across the region. According to the White House, this strategy has been made necessary because “Asia and the Pacific is increasingly the world’s political and economic center of gravity” and the US would be remiss not to leverage the opportunities the region has to offer. With Obama’s term winding down and president-elect Donald Trump set to take the reins as US commander-in-chief, now is the appropriate time to look back and assess the effectiveness of this strategy. This commentary evaluates the impact of Obama’s rebalance by examining the strategy across three dimensions—political/military, economic, and socio-cultural.
    Citation
    Galace, Uriel N.. 2016. In Retrospect: Assessing Obama’s Asia Rebalancing Strategy. © Center for International Relations and Strategic Studies. http://hdl.handle.net/11540/6938.
    Keywords
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Economic development
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Free Trade
    Trade Agreements
    Trade Policy
    Economic Development
    Economics
    International Economics
    Intraregional Trade
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Free trade
    Business
    Economics
    Communication in economic development
    Restraint of trade
    International economic integration
    Trade blocs
    East-West
    Foreign trade and employment
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    Citable URI
    http://hdl.handle.net/11540/6938
    Metadata
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    2016-1229-Vol-3-No-16.pdf (492.4Kb)
    Author
    Galace, Uriel N.
    Theme
    Trade
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise