Asia/Pacific Challenges

The Rising Pacific

President Clinton and most Asian leaders in government and business agree on one thing: the revitalization of the American economy is far and away the most important priority in U.S.-Asia/Pacific relations. But as the president begins to put together his economic plan for America, he faces several tough foreign policy challenges in the region. He inherits a sense of declining U.S. importance in Asian eyes and yet, perhaps ironically, a continuing Asian desire for a strong U.S. role and presence. He does not inherit a coherent Asia policy, but rather a series of strained bilateral relationships with several countries, especially Japan and China. To top it off some prominent Asians have already concluded that President Clinton is bent on building trade walls, bringing home the troops and lecturing about human rights. Instead of grand strategies what is needed from the Clinton administration is a fresh mix of initiatives--some that address Asia-wide concerns and others that focus on specific Asian countries. Emphasis on long-term results, rather than quick fixes, will contribute not only to Pacific stability, but also to Clinton's image as a global statesman.

In this respect the president confronts three overarching Pacific-wide challenges: regional and global trade policies, post-Cold War security issues, and U.S. diplomatic structure and style.

Trade Issues. Over the last fifteen years Asia has surpassed Europe as America's most important overseas trading region; some estimates indicate that Pacific trade will double the volume of Atlantic trade by the year 2000. Last year east and southeast Asia absorbed one-third of the total $422 billion in U.S. exports. And economic growth rates are world business news as newly industrialized economies (NIE) status spreads across Asia-Japan in the 1960s; South Korea, Taiwan, Hong Kong and Singapore in the 1970s and early 1980s; Thailand and Malaysia in the late 1980s; southern China in the early 1990s; and many analysts put Vietnam, Indonesia and possibly the Philippines in that category by the late 1990s. [1]

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