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Abe Cabinet’s Economic Statecraft: Multilateral Hedging, Competitive Engagement, and Strategic Binding

  • Journal of Asia-Pacific Studies
  • Abbr : JAPS
  • 2019, 26(3), pp.165-196
  • DOI : 10.18107/japs.2019.26.3.006
  • Publisher : Institute of Global Affairs
  • Research Area : Social Science > Social Science in general
  • Received : August 19, 2019
  • Accepted : September 11, 2019
  • Published : September 30, 2019

Dae-yeob Yoon 1

1대전대학교

Accredited

ABSTRACT

This study analyzed the changing nature of Japan’s external strategy after Abe’s cabinet from the perspective of economic statecraft. Based on a stable long-term government, Abe Cabinet is bring a fundamental changes in domestic and external restraints of Japan in the post-war by implementing comprehensive national reforms for economic revival, social safety and security reform. In particular, the Abe cabinet’s economic statecraft, aimed at creating an economic environment that contributes to its security interests, is being pursued as a national strategy to reshape Japan’s role and status in response to China problems after the rise. This study conceptualized the economic statecraft of the Abe cabinet in three ways, and analyze external strategy of Japan differing from that of post-war era. First, it built the foundation for multilateral hedging, by leading the institutionalization of multilateral cooperation such as CPTPP agreement. Second, it is expanding competitive engagement in response to China’s BRI initiative. Third, Tokyo is strengthening strategic alliance through bilateral and multilateral diplomacy including military technology cooperation, beyond economic relations. Based on the implications of Abe cabinet’s economic statecraft on Japan-China relations and regional order in East Asia, this research reviews the tasks of Korea’s national strategy.

Citation status

* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.