Handbook on the United States in Asia
Show Less

Handbook on the United States in Asia

Managing Hegemonic Decline, Retaining Influence in the Trump Era

Edited by Andrew T.H. Tan

The centre of gravity in today’s global economy arguably now resides in Asia. As a result of this, the maintenance of geopolitical and economic security in Asia has become pivotal to global stability. This indispensable Handbook examines the crucial and multifaceted role of the United States as a force in the region that has been, and continues to be, necessary for the continuation of Asian prosperity.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 7: U.S. economic engagement in Asia

Sean Kenji Starrs

Abstract

U.S. economic engagement in Asia has been one of the core drivers of the development of globalization since the late twentieth century, and we cannot adequately understand one without the other, especially concerning the rise of China. We also need to move beyond national accounts such as GDP and reconceptualize how to investigate the dynamics of Asian–U.S. economic relations given the globalization of production, foreign ownership, and the uneven distribution of global value chains. After arguing why this is so, this chapter will present original empirical research to demonstrate the nature of U.S. engagement in Asia, especially China, and how the United States continues to benefit disproportionately from these economic relationships – contrary to popular perceptions of hegemonic and industrial American decline. The chapter concludes with certain implications from this analysis in regard to the populist upsurge in 2016 that elected Donald Trump as U.S. president, and possible paths forward.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.