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Next steps for US-Japan collaboration on energy infrastructure

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Title:Next steps for US-Japan collaboration on energy infrastructure
Authors:Weatherby, Courtney
LC Subject Headings:United States - Foreign relations - Japan
Japan - Foreign relations - United States
Infrastructure (Economics) - Japan - Finance
Infrastructure (Economics) - United States - Finance
Energy development
show 1 moreTechnical assistance - Economic aspects
show less
Date Issued:Oct 2020
Publisher:Honolulu, HI : East-West Center
Series:AsiaPacific issues;no. 145
Abstract:China's Belt and Road Initiative (BRI) has re-centered discussion of geopolitical competition in Asia around infrastructure. Responding both to BRI and the region's well-known infrastructure gap, the United States has launched efforts to unlock US private investment for infrastructure. Japan's engagements in the region emphasize high-quality infrastructure and best practices (an implicit criticism of China's sometimes less rigorous standards). The foreign policy approaches of the United States and Japan dovetail nicely and have led to many new initiatives and institutional partnerships, as well as the quality-focused Blue Dot Network. But despite the two countries' intentions to work collaboratively, their efforts have been held back by differences in organizational practices, the lengthy overhaul of US financing, and a lack of immediate movement from US-Japan consortia. For now, a less ambitious approach of closely coordinating technical assistance and conditional funding on proposed projects may serve as a model for closer US-Japan collaboration as efforts mature.
Description:For more about the East-West Center, see http://www.eastwestcenter.org/
Pages/Duration:8 p.
URI:http://hdl.handle.net/10125/70175
Appears in Collections: AsiaPacific Issues


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