If the United States is to extend its economic influence, it must draw upon Asian connections, talent and markets as much as possible. After all, the Asian economies in TPP -- Japan, Malaysia, Vietnam, Singapore and Brunei, along with Australia and New Zealand -- are significant in both population and gross domestic product. South Korea, Indonesia, Thailand and the Philippines have signaled a possible intent to join, and perhaps eventually India and Bangladesh as well.
There are thus two visions of America’s economic future. In one, the U.S. is able to mobilize Asian resources to help maintain its role as world economic leader, to the mutual benefit of most other Pacific nations. In the other, the talents and resources of the TPP nations get pulled in other directions, including toward China, and U.S. economic and geopolitical leadership declines.......
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