Ally-shoring:
The U.S. can do much the same thing with key South and Southeast Asian nations today that it did with East Asian nations in the previous century. Allowing India, Vietnam, Indonesia, Bangladesh and the Philippines to sell their products in the U.S. largely unimpeded will boost growth by creating a stable, predictable source of demand, and by incentivizing companies in those countries to learn foreign technologies and business models in order to compete internationally.
This will accomplish three goals at once:
- It will improve and strengthen economic and political ties between the U.S. and its prospective friends and allies in the region.
- It will make these Asian countries economically stronger and more technologically advanced, and thus more capable of resisting Chinese power.
- It will help the U.S. reshore production from China to more friendly countries, making our supply chains more resilient in case of a conflict. (This is often called “ally-shoring” or “friend-shoring”.)
[“The U.S. must commit to making South and Southeast Asia rich,” Noah Smith, Noahpinion]
