SouthAsiaSourceJun 1, 2022
Experts react: Biden’s new Indo-Pacific Economic Framework
By Atlantic Council
Introduced during Biden’s first Asian tour in Japan earlier this week, the Indo-Pacific Framework, or IPEF, is a US-led framework for an economic partnership between members of the Quad along with Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, South Korea, and New Zealand. The framework is a means for the countries to solidify their relationship and engage in economic and trade matters concerning the Indo-Pacific region. The IPEF comes five years after the US withdrawal from the Trans-Pacific Partnership and is seen as a means to counter China’s dominance in the region and reassert American influence.
Dr. Ajay Chhibber is Distinguished Visiting Scholar, Institute for International Economic Policy (IIEP), George Washington University, Washington D.C., Senior Visiting Professor at the Indian Council for Research on India’s Economic Relations (ICRIER), New Delhi and Non-Resident Senior Fellow at the Atlantic Council.
He was the first Director General, Independent Evaluation Office, India (Minister of State) and Distinguished Visiting Professor at the National Institute of Public Finance and Policy. He served earlier as Assistant Secretary General, UN and Assistant Administrator, UNDP where he was responsible for work on Asia and the Pacific. At the World Bank he served in senior positions as Country Director in Turkey and Vietnam, and Director of the 1997 World Development Report on the Role of the State.
He has a Ph. D from Stanford University, an MA from the Delhi School of Economics and was awarded the David Rajaram Prize for best all rounder at St Stephen’s College, Delhi University where he received BA Hons in Economics. He has also done advanced management courses at Harvard University and at INSEAD, France. His latest book co-authored with Salman Soz “Unshackling India: Hard Truths and Clear Choices for Economic Revival“ (Harper-Collins) has just been declared the Best New Book in Economics for 2022 in the Financial Times.