Global Economic Compass
Objectives
China, Japan and the U.S are the strategic powers in East Asia, and relationships among them are the key in influencing growth and stability in the region. Their relationships have to be evaluated from the dynamic perspective; China is thought to surpass the United States around 2030 in GDP, scientific and technological progress will bring about changes in communication and military capability, and structural changes will affect industry and society. All of these factors will have implications on the balance of power, as well as growth and stability of the Asia-Pacific Region. Undoubtedly, the U.S.-China relationship will continue to be the most influential. Japan will be affected by these changes, but also will be in a position to influence. Therefore, Japan’s foreign and security policy will need to take account of the U.S.-China power relationship in a dynamic and objective manner.
This project analyzes the political, economic and other elements in both the U.S. and China that may critically influence the relations between the two countries, e.g. the governance in China and the U.S. and China’s maritime strategy in East Asia and the West Pacific. It also attempts to foresee medium to long-term trends and scenarios that could take place. Implications of these scenarios for Japan’s national security and economic policy will be considered as well.
Project Leaders
Yoriko Kawaguchi Visiting Professor, Meiji University / Member of the House of Councilors
Go Ito Professor, Meiji University
Go Ito Professor, Meiji University
Past Activities
- Nine meetings of study group were held under various key issues
- Hosted the MIGA symposium on February 25th, 2013. The symposium was comprised of two sessions titled “East Asia under the New Leadership and the Security Order” and “Peaceful Development in Asia and Japan’s Role.” Professor Ito was one of the panelists in the first session. Visiting Professor Kawaguchi gave a keynote speech during the second session. Other keynote speakers were Professor Kitaoka, President of the International University of Japan, Mr. Ian Bremmer, President of Eurasia Group and Dr. Surin Pitsuwan, former Secretary-General of ASEAN.
- Hosted the MIGA symposium on February 25th, 2013. The symposium was comprised of two sessions titled “East Asia under the New Leadership and the Security Order” and “Peaceful Development in Asia and Japan’s Role.” Professor Ito was one of the panelists in the first session. Visiting Professor Kawaguchi gave a keynote speech during the second session. Other keynote speakers were Professor Kitaoka, President of the International University of Japan, Mr. Ian Bremmer, President of Eurasia Group and Dr. Surin Pitsuwan, former Secretary-General of ASEAN.
