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Source: Getty

In The Media

TPP More Than Just About Business

The Trans-Pacific Partnership is a necessary condition for the United States to establish a market-oriented and open regional economic order in the Asia-Pacific.

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By Evan A. Feigenbaum
Published on Oct 16, 2016
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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 explained that Asia can be viewed through two sets of analytical frameworks, which he described as Economic Asia and Security Asia. Historically, he said, the United States has played a very important role in both spheres. However, he argued that it is now likely that it will fade in the former, at least in relative terms, while continuing to play a very critical role in the latter.

In the future, he predicted it is very likely that Washington will continue to be Asia’s primary security provider, while the economic rules are set by Asians themselves. The Trans-Pacific Partnership is not just about improving opportunities for American businesses, Feigenbaum concluded; it is a necessary but by no means sufficient step for the United States to achieve a market-oriented and open regional economic order.

This interview was originally broadcast on 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
EconomyTradeSecurityForeign PolicyUnited 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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