Partners or Competitors?: The Prospects for U.S.-European Cooperation on Asian Trade

Partners or Competitors?: The Prospects for U.S.-European Cooperation on Asian Trade

by Richard H. Steinberg
     
 

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The ongoing Asian financial crisis has graphically demonstrated the shared Western stake in the Asian economy as the United States and Europe face falling exports to Asia and rising imports from the region. In 1998, both the European and U.S. trade imbalances with Asia grew by more than $50 billion each, and those imbalances are still growing. To avoid a

Overview

The ongoing Asian financial crisis has graphically demonstrated the shared Western stake in the Asian economy as the United States and Europe face falling exports to Asia and rising imports from the region. In 1998, both the European and U.S. trade imbalances with Asia grew by more than $50 billion each, and those imbalances are still growing. To avoid a protectionist backlash at home and to ensure greater openness in Asian markets, Washington and Brussels have little choice but to work more closely together to meet the Asian challenge. Partners or Competitors? provides the first blueprint for transatlantic teamwork in the Pacific at this critical juncture. The authors provide cogent analyses of a range of important cases, from electronic commerce to autos, from anti-trust policy to the protection of intellectual property. Tracing the history of self-defeating competition in the region, they explore both the opportunities and limitations of collaboration in today’s rapidly evolving international trade environment.

Editorial Reviews

European Access
Partners or Competitors? provides the first blueprint for transatlantic teamwork in the Pacific at this critical juncture.
Ambassador Carla A. Hills
The editors and contributors have tackled a key transatlantic trade-policy question: Why is it the United States and European Union do not have a more coordinated trade policy with respect to Asia? This comprehensive study is a must for anyone wanting an answer.
Ambassador Hugo Paeman
A thorough analysis of the vast opportunities, but also of the difficulties and frictions in European-American relations. It examines with great insight the impact of the relationship on the prospect for future trade liberalization with Asia. . . . The book also gives the most up-to-date review of transatlantic cooperation in a growingly interdependent world.
Booknews
Reports some of the results of research by the Berkeley Roundtable on the International Economy that explore prospects for transatlantic cooperation in creating a more open marketplace in relation to Asia. The nine studies consider information technology, electronic commerce, and automobiles and parts; cross-sectoral issues such as trust busting and piracy protection; and overcoming obstacles to cooperation in trade policy. Annotation c. Book News, Inc., Portland, OR (booknew.com)

Product Details

ISBN-13:
9780847693214
Publisher:
Rowman & Littlefield Publishers, Inc.
Publication date:
03/01/1999
Pages:
280
Product dimensions:
6.10(w) x 9.30(h) x 0.83(d)

Meet the Author

Richard H. Steinberg is acting professor of law at the University of California, Los Angeles, and senior research fellow at the Berkeley Roundtable on the International Economy (BRIE) at the University of California, Berkeley. Bruce Stokes is a senior fellow and director of trade programs at the Council on Foreign Relations.

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