Implications of Asian Integration for the US, Europe and the UK: Scenarios With and Without TPP
Ganeshan Wignaraja, Director of Research, Asian Development Bank Institute
Dr Indrajit Coomaraswamy, Director of Economic Affairs, Commonwealth Secretariat (1990-2009)
Chair: Dr Paola Subacchi, Research Director, International Economics, Chatham House
Amid a fragile world economy, Asia continues to grow and integrate to create a huge market. The rise of China, India and ASEAN as global super exporters; a resurgent Japan bolstered by Abenomics; and millions of middle class consumers are driving Asian integration. However, the Trans-Pacific Partnership (TPP) - a key tool in the US pivot to Asia - risks stalling, with uncertainties about the Trade Promotion Authority of the Obama Administration and questions in Asia about the economic benefits of the agreement. There are also growing concerns about conflicts over maritime boundaries in the region which could disrupt Asian integration. Meanwhile, Europe, mired in debt problems and slow growth, seems largely absent from Asia.
In this seminar, Dr Ganeshan Wignaraja will critically chart recent developments in Asian integration and explore emerging scenarios for Asia-US relations and Asia-EU relations, with and without the TPP.
The Chatham House Rule
To enable as open a debate as possible, this event will be held under the Chatham House Rule.