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  "authors": [
    "Evan A. Feigenbaum"
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    "Carnegie Endowment for International Peace"
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Source: Getty

In The Media

What a New Asian Order Means for the United States

While the United States remains one of the Asia-Pacific’s key security providers, it will have to tailor its economic diplomacy if it wants to compete in the new Pan-Asian architecture of the region.

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By Evan A. Feigenbaum
Published on Mar 4, 2015
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Program

Asia

The Asia Program in Washington studies disruptive security, governance, and technological risks that threaten peace, growth, and opportunity in the Asia-Pacific region, including a focus on China, Japan, and the Korean peninsula.

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Source: CNBC

Speaking on CNBC, Carnegie’s Evan Feigenbaum discussed the premise of his article in Foreign Affairs, “The New Asian Order.” He argued that the first Asian financial crisis of 1997-8 laid the foundations for the pan-Asian architecture present in the Asia-Pacific region today. As Asian countries struggled to revitalize their economies, they did not think they could rely on the United States for help. Asian countries began to look to each other for economic assistance, which resulted in the multitude of currency swap and trade agreements in effect today. Feigenbaum said that the major question for the United States going forward is ‘What is the U.S. role going to be vis-à-vis these architectures?’

Watch to the whole interview at CNBC

About the Author

Evan A. Feigenbaum

Vice President for Studies

Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.

    Recent Work

  • Commentary
    In Its Iran War Debate, Washington Has Lost the Plot in Asia

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Evan A. Feigenbaum
Vice President for Studies
Evan A. Feigenbaum
EconomySecurityForeign PolicyNorth AmericaUnited StatesEast AsiaSoutheast Asia

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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