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  • About RSIS
      • Introduction
      • Building the Foundations
      • Welcome Message
      • Board of Governors
      • Staff Profiles
        • Executive Deputy Chairman’s Office
        • Dean’s Office
        • Management
        • Distinguished Fellows
        • Faculty and Research
        • Associate Research Fellows, Senior Analysts and Research Analysts
        • Visiting Fellows
        • Adjunct Fellows
        • Administrative Staff
      • Honours and Awards for RSIS Staff and Students
      • RSIS Endowment Fund
      • Endowed Professorships
      • Career Opportunities
      • Getting to RSIS
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        • Centre for Multilateralism Studies (CMS)
        • Centre for Non-Traditional Security Studies (NTS Centre)
        • Centre of Excellence for National Security (CENS)
        • Institute of Defence and Strategic Studies (IDSS)
        • International Centre for Political Violence and Terrorism Research (ICPVTR)
      • Research Programmes
        • National Security Studies Programme (NSSP)
        • Studies in Inter-Religious Relations in Plural Societies (SRP) Programme
      • Future Issues and Technology Cluster
      • [email protected] Newsletter
      • Other Research
        • Science and Technology Studies Programme (STSP) (2017-2020)
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      • MSc (Asian Studies)
      • MSc (International Political Economy)
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    • RSIS
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    • The Impact of the Trump Administration’s Indo-Pacific Strategy on Regional Economic Governance
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    The Impact of the Trump Administration’s Indo-Pacific Strategy on Regional Economic Governance
    by Kaewkamol Pitakdumrongkit

    25 April 2019

    The Trump administration’s Indo-Pacific regional economic governance strategy addresses trade, investment, and infrastructure development. Its reception by regional states varies by issue area, with infrastructure and investment being positively received, and trade being negatively received. To alleviate policy clashes and lessen the “noodle bowl” effect of overlapping rules and regulations, this paper suggests that American and Asian governments should: (1) immediately pursue collaboration in the areas of investment and infrastructure; (2) advance investment cooperation via capacity training and investment treaty consolidation; (3) enhance infrastructure collaboration via the Better Utilization of Investments Leading to Development Act of 2018 (or BUILD Act of 2018), joint ventures, public-private partnerships, and capacity training; (4) push forward trade cooperation via formal and Track 2 (informal networks) dialogue to facilitate a policymaking process; and (5) encourage more inter-bloc dialogue.

    About the author
    Dr. Kaewkamol (Karen) Pitakdumrongkit is a deputy head and assistant professor at the Centre for Multilateralism Studies at S. Rajaratnam School of International Studies (RSIS) of Nanyang Technological University, Singapore. She completed her MA and PhD in Political Science at the University of California, Santa Barbara, U.S.A. Her research interests include international economic negotiation, Southeast Asian and East Asian economic governance (focusing on trade, money and finance), regional-global economic governance dynamics, ASEAN Economic Community, and cooperation between ASEAN and dialogue partners (ASEAN-Plus frameworks). She has published in outlets such as The Singapore Economic Review,The International Relations of the Asia-Pacific, The Pacific Review, Australian Outlook, Eurasia Review, and East Asia Forum.

    Categories: Authored Books
    Source: East-West Center
    Citation: Kaewkamol Pitakdumrongkit, The Impact of the Trump Administration’s Indo-Pacific Strategy on Regional Economic Governance. Honolulu: East-West Center, 2019

    Last updated on 19/08/2020

    The Trump administration’s Indo-Pacific regional economic governance strategy addresses trade, investment, and infrastructure development. Its reception by regional states varies by issue area, with infrastructure and investment being positively received, and trade being negatively received. To alleviate policy clashes and lessen the “noodle bowl” effect of overlapping rules and regulations, this paper suggests that American and Asian governments should: (1) immediately pursue collaboration in the areas of investment and infrastructure; (2) advance investment cooperation via capacity training and investment treaty consolidation; (3) enhance infrastructure collaboration via the Better Utilization of Investments Leading to Development Act of 2018 (or BUILD Act of 2018), joint ventures, public-private partnerships, and capacity training; (4) push forward trade cooperation via formal and Track 2 (informal networks) dialogue to facilitate a policymaking process; and (5) encourage more inter-bloc dialogue.

    About the author
    Dr. Kaewkamol (Karen) Pitakdumrongkit is a deputy head and assistant professor at the Centre for Multilateralism Studies at S. Rajaratnam School of International Studies (RSIS) of Nanyang Technological University, Singapore. She completed her MA and PhD in Political Science at the University of California, Santa Barbara, U.S.A. Her research interests include international economic negotiation, Southeast Asian and East Asian economic governance (focusing on trade, money and finance), regional-global economic governance dynamics, ASEAN Economic Community, and cooperation between ASEAN and dialogue partners (ASEAN-Plus frameworks). She has published in outlets such as The Singapore Economic Review,The International Relations of the Asia-Pacific, The Pacific Review, Australian Outlook, Eurasia Review, and East Asia Forum.

    Categories: Authored Books
    Source: East-West Center
    Citation: Kaewkamol Pitakdumrongkit, The Impact of the Trump Administration’s Indo-Pacific Strategy on Regional Economic Governance. Honolulu: East-West Center, 2019

    Last updated on 19/08/2020

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    The Impact of the Trump Administration’s Indo-Pacific Strategy on Regional Economic Governance
    The Trump administration's Indo-Pacific regional economic governance strategy addresses trade, investment, and infrastructure development. Its reception by regional state ...
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