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New economic statecraft and global technology conflicts: The dilemma for middle powers

|By Andrew Reddie – Deputy Director| Vinod Aggarwal – Director|

Market-oriented theorizing fails to capture the reality of government intervention in the global economy. Trade and investment measures by governments around the globe, designed to protect strategic industries and maintain a security of supply in the wake of a return to strategic competition, are emblematic of the need to shift our analysis of the global […]

APEC: Seeking Relevance in a Changed World

|By Vinod Aggarwal – Director|

APEC has undergone a significant evolution since its founding more than three decades ago, but given its original commitment to open regionalism and co-operation among countries of diverse levels of economic development, it now faces perhaps its greatest challenge as the Trump administration upends the global trade order. Despite this, it’s also clear that the […]

Rethinking the Political Economy of Industrial Policy

|By Vinod Aggarwal – Director| Sonia N. Aggarwal|

Industrial policy has long been used by developing countries to promote industries through broad import substitution industrialization efforts.

The 70th Anniversary of the ROK-US Alliance: Expanding Cooperation throughout the Indo-Pacific

Seventy years after the initial signing of the alliance agreement between the Republic of Korea and the US, and after Presidents Yoon Suk Yeol and Joe Biden this year committed to strengthening the relationship, what does partnership in the 2020s and beyond really mean? Amid a year of firsts—August’s first-ever trilateral summit between the Republic […]

BASC Newsletter: Winter 2023

Supported by the Institute of East Asian Studies, the Social Science Matrix, the Centerfor Chinese Studies, and the Center for Korean Studies. The articles in this newsletter reflect the work that BASC has been doing on these fronts over the last year. To begin, we are pleased to present two adapted versions of published articles […]

Middle Powers Economic Statecraft

This research is supported by the Korea Foundation, UC National Laboratory Fees Program, and Institute of the National Interest, Chung-Ang University From aerospace technology to GPS to the Internet, governments have played an important role in providing early impetus to the research and development of technologies with both civilian and military applications. These interventions can […]

Indo-Pacific Geo-Economic Competition

This research is supported by the Japan Foundation, Taipei Economic and Cultural Office, and Institute of the National Interest, Chung- Ang University. This conference addressed geo-economic strategic competition in the Indo-Pacific, exploring both the theoretical and thematic contours of this concept and issue specific dynamics in the areas of finance, trade, energy, and technology competition. […]