But even with a weak hand at home, Abe understood that Japan’s economic weight as the world’s third-largest economy and a commercial powerhouse in the Asia-Pacific region gave him a trump card in foreign policy. Thank you for your message, we will be in touch very shortly.

United States … … Full report available here. "—Michael Mastanduno, Dartmouth College, "Baldwin's is a timeless analysis of an enduring quandary: the relative utility of economic tools of statecraft. He won passage of legislation to tighten the country’s foreign investment screening mechanism, authorized stronger enforcement of export controls, and set up a new economics office in his National Security Secretariat. "Economic Statecraft remains our field's definitive work on the use of economic measures to achieve foreign-policy objectives. Gabriel B. Collins and Andrew S. Erickson, Economic Statecraft: Options for Reducing U.S. Overdependence on Chinese-supplied Materials and Medications (Houston, TX: Baker Institute for Public Policy, Rice University, 23 April 2020). In addition to CPTPP, other noteworthy efforts in this regard included his campaign to promote “quality infrastructure.” Launched in 2015 as a thinly veiled response to China’s ambitious Belt and Road Initiative (BRI), Abe’s Partnership for Quality Infrastructure initially offered regional partners $110 billion (a number suspiciously close to the initial $100 billion capitalization of Beijing’s Asia Infrastructure Investment Bank) of Japanese investment in railways and ports with high standards of transparency and social, environmental, and fiscal sustainability. Speaking from … can be applied to reduce risks caused by dependence on People’s Republic of China-dominated supply chains for critical goods. The United States has a vital interest in cultivating its economic strength and keeping its financial tools nimble and effective. While employing these tools will be neither easy nor cheap, the coronavirus already reveals the alternative: mounting costs in American economic wellbeing, strategic resilience, and lives. In its Economic Statecraft Speaker Series, the Simon Chair provides a platform for current and former policymakers, as well as other experts and opinion leaders, to present their views on the role of economics as a strategic tool in foreign policy, and to offer practical recommendations for strengthening economic statecraft in the United States and other major economies. CSIS does not take specific policy positions.

Gabriel B. Collins and Andrew S. Erickson, Economic Statecraft: Options for Reducing U.S. Overdependence on Chinese-supplied Materials and Medicatio ns (Houston, TX: Baker Institute for Public Policy, Rice University, 23 April 2020). Gearing up for Economic Statecraft. "—William Diebold, Jr., Foreign Affairs, 41 William Street

The best example is sanctions, which directly impose economic penalties on foreign countries or individuals for noneconomic reasons, but other types of economic policy can also be used for strategic ends. . Toward the end of his term, Abe worked more quietly to sharpen Japan’s domestic tools of "economic security." Despite the stiff resistance he expected from Japanese farmers and other vested interests at home, Abe saw TPP membership as a multifaceted strategic ploy to strengthen the U.S.-Japan alliance, keep the United States embedded in the region, deepen ties with Japan’s Southeast Asian partners, and—not least—send a message to Beijing about Tokyo’s throw weight in regional rulemaking and norm-setting.
As I have written elsewhere, while geographic proximity and commercial interdependence necessitate that Tokyo engage constructively with its large neighbor to the west, no Japanese leader can accept a Sinocentric order in the Asia-Pacific based on Beijing’s preferred rules and norms. Princeton, New Jersey 08540 Trade, for example, is often used to gain international influence or pursue diplomatic goals.

He used it to advance two enduring and interrelated goals of Japanese foreign policy: keeping the United States engaged in the Asia-Pacific region and managing the risks of a rising China.
Naval War College’s China Maritime Studies Institute (CMSI) and an Associate in Research at Harvard’s John King Fairbank Center for Chinese Studies. Sorry, there has been a problem and your message was not sent. describes what it will take to begin reclaiming U.S. security and strategic autonomy in those areas. Generations of students and scholars have been and will continue to be inspired by Baldwin's conceptual insight, logical clarity, and refreshingly straightforward writing style. quest over the past 25 years to cut supplier costs, with insufficient concern for resilience, has saddled the nation with gaping strategic vulnerabilities in the supply chains for certain critical materials, medications, and technology inputs. 2A Jiangtai Road, Chaoyang District Assessing Abe’s Economic Statecraft. "—Etel Solingen, Distinguished Professor and Thomas T. and Elizabeth C. Tierney Chair in Peace and Conflict Studies, University of California, Irvine, "Thirty-five years after its original publication, Baldwin's book remains the first one I recommend to scholars interested in the subject.

Often described as the “new oil,” data flow throughout the modern economy, yet there are few internationally agreed rules to govern the collection, storage, transfer, or privacy of data. Just days after setting the record for longest consecutive term as Japan’s prime minister, Shinzo Abe announced on August 28 that he was resigning on grounds of poor health. Beijing 100016, P.R. Phone: +1 609 258 4900 Integrating insights from economics, political science, psychology, philosophy, history, law, and sociology, this bold and provocative book explains not only the utility of economic statecraft but also its morality, legality, and role in the history of international thought.Economic Statecraft is a landmark work that has fundamentally redefined how nations evaluate crucial choices of war and peace. Abe then used his 2019 chairmanship of the Group of 20 (G20) to get his fellow economic leaders—including President Xi Jinping of China—to endorse a set of six “Principles for Quality Infrastructure Investment.”. He quickly tried to ingratiate himself with Trump (famously flying to New York just weeks after the November 2016 election bearing a gift of a golden golf driver) in an effort to deflect the bilateral trade pressure that Abe knew was coming. Directions, 6 Oxford Street, Woodstock Baldwin tears apart the reasoning of most other scholars and torpedoes not only the conventional wisdom about various cases but just about all generalizations. "—Benjamin Cohen, University of California, Santa Barbara, "This is a study of economics as an instrument of politics, and quite a rigorous one. Abe did well on the first arrow, appointing a new governor of the Bank of Japan, Haruhiko Kuroda, who made clear he would keep the monetary taps open until deflation was defeated. Again, part of Abe’s strategic calculation about CPTPP was that it would plant a stake in the ground in the intensifying competition between Japan and China for regional leadership. Abenomics was well conceived but unevenly implemented.

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