The panelists agreed that the US “rebalance” to Asia is real, a reflection of the growing political and economic importance of the world’s most dynamic region. They noted that the rebalance is multilayered. It is a geographical rebalance, with more attention being devoted to the Asia-Pacific. It is also a rebalance within Asia, as Washington devotes more attention to Southeast Asia. Finally, there is a rebalancing within the US foreign policy tool kit. Historically, the US military has done the lion’s share of the work engaging Asia. The rebalance aims to reapportion burdens, with “forward based diplomacy” now taking the lead, and the instruments of US economic power following closely behind. Of course, the military will continue its work in the region and the balance of US forces globally will shift, with some 60 percent of US global military assets now being based in the Asia-Pacific.
Chair: Dr. Parag Khanna, Managing Partner, Hybrid Reality
- Deborah Elms, Executive Director, Asian Trade Centre
- Brad Glosserman, Executive Director, Pacific Forum CSIS, Honolulu
- The Honorable Joseph Yun, Ambassador of the United States of America to Malaysia