Is America Losing East Asia? Economic Stakes of Asia-Pacific Cooperation Post COVID-19


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When: Aug 25 2020 - 11:00am until Aug 25 2020 - 12:00pm
Where: Zoom Webinar

The East-West Center in Washington invites you to the
Indo-Pacific Political Economy and Trade Series:

 Is America Losing East Asia?
Economic Stakes of Asia-Pacific Cooperation Post COVID-19


Dr. Peter A. Petri
Carl J. Shapiro Professor of International Finance,
Brandeis International Business School (IBS)

Dr. Michael G. Plummer
Director, SAIS Europe and Eni Professor of International Economics,
The Johns Hopkins University

Dr. Satu P. Limaye (Moderator)
Vice President, East-West Center &
Director, East-West Center in Washington

East-West Center in Washington · Is America Losing East Asia? Economic Stakes of Asia-Pacific Cooperation Post COVID-19

The deepening US-China trade war and nationalist reactions to the COVID-19 pandemic are reshaping global economic relationships. Alongside these Left to right: Dr. Peter Petri and Dr. Michael Plummerdevelopments, two new megaregional trade agreements, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP), will refocus East Asia’s economic ties on the region itself, particularly across China, Japan and Korea. The United States is not only staying on the sidelines; it seems to be actively retreating. This presentation, which is based on our recent paper published by the Peterson Institute for International Economics (“East Asia decouples from the United States: Trade War, Covid-19, and East Asia’s New Trade Blocs”), considered the costs of the current decoupling of the United States and East Asia and considers US options after the elections in November.



Dr. Peter A. Petri is the Carl J. Shapiro Professor of International Finance at the Brandeis International Business School (IBS), a Nonresident Senior Fellow at the Brookings Institution, and a Visiting Fellow at the Peterson Institute for International Economics. He served as the founding Dean of IBS from 1994 to 2006 and as its Interim Dean from 2016 to 2018. Dr. Petri has published widely on trade and technology in the Asia-Pacific region and has held visiting appointments at Keio University, Fudan University and Peking University, and as a Fulbright Research Scholar. He has served as a consultant for the ADB, APEC, OECD, World Bank, WTO and other international and national governmental organizations. He received his A.B. and PhD degrees from Harvard University.

Dr. Michael G. Plummer has been Director of SAIS Europe since 2014 and Professor of International Economics since 2001, including being appointed the Eni Professor of Economics in 2008. He was Head of the Development Division of the Organization for Economic Co-operation and Development (OECD) in Paris from 2010 to 2012; a professor at Brandeis University (1992-2001); and Editor-in-Chief of the Journal of Asian Economics (Elsevier) 2007-2015.  He was president of the American Committee on Asian Economic Studies (ACAES) from 2008 until 2015 and is currently a nonresident senior fellow at the East-West Center. A former Fulbright Chair in Economics and Pew Fellow in International Affairs at Harvard University, he has been an Asian Development Bank (ADB) distinguished lecturer on several occasions and team leader of projects for various organizations including the Association of Southeast Asian Nations, the United Nations, the OECD, the ADB and the World Trade Organization. He has taught at more than a dozen universities in Asia, Europe, and North America. His PhD is in economics from Michigan State University.

Dr. Satu P. Limaye is Vice President of the East-West Center and the Director of the East-West Center in Washington where he created and now directs the Asia Matters for America initiative and is the founding editor of the Asia Pacific Bulletin. He is also a Senior Advisor at CNA Corp (Center for Naval Analyses) and Senior Fellow on Asia History and Policy at the Foreign Policy Institute at Paul H. Nitze School of International Studies (SAIS). He is magna cum laude and Phi Beta Kappa graduate of Georgetown University and received his doctorate from Oxford University (Magdalen College) where he was a George C. Marshall Scholar. Recent publications include: “America’s ‘Pacific Principle’ in an Indivisible Pacific Islands Region,” (Asia-Pacific Bulletin); “Despite Stumbles, America’s Engagement with Southeast Runs Deep,” (Global Asia); Raging Waters: China, India, Bangladesh, and Brahmaputra Water Politics (Marine Corps University Press); and Russia’s Peripheral Relevance to US-Indo Pacific Relations (Center for the National Interest).

Primary Contact Info:
Name: Sarah Wang