The Indo-Pacific region is undergoing significant geopolitical shifts, influenced by major developments from both China and the United States. Danny Quah, a renowned economist at the National University of Singapore, introduces the concept of a \"two-shock\" dynamic that is transforming the landscape of this crucial area.
While China's rising economic and political influence has long been a focal point in discussions about the Indo-Pacific, Quah emphasizes that changes in U.S. foreign policy are equally impactful. This \"U.S. shock\" encompasses a move towards more unilateral actions, prioritization of national security in economic decisions, and a critical stance on how other nations benefit from existing international frameworks.
Traditionally, the United States has championed a rules-based international system, fostering multilateralism and cooperation to promote peace and prosperity. However, recent shifts indicate a departure from these principles, introducing new dynamics that countries in the Indo-Pacific must navigate.
According to Quah, these dual shocks present a more complex environment for nations in the region. Countries now need to balance their relationships with both China and the U.S., each of which brings different challenges and opportunities. This evolving scenario requires careful strategic planning and a nuanced understanding of international relations.
Quah's analysis underscores the importance of recognizing both the \"China shock\" and the \"U.S. shock\" in shaping the future of the Indo-Pacific. By acknowledging the influence of these two powerful actors, countries can better strategize their responses and foster more informed decision-making processes.
Reference(s):
Two shocks, from China and U.S., reshapes Indo-Pacific, says economist
cgtn.com
