In November 2011, the Obama administration explicitly announced its new vision of a strategy to rebalance America’s efforts and investments toward Asia. Secretary of State Hillary Clinton published an article entitled “America’s Pacific Century” in the periodical
, which for all practical purposes was an “official” statement of strategic intent. In this article, Clinton indicated that Washington believed that the epicenter of global power is no longer the Atlantic but the Pacific and that the Asia-Pacific region was more important to the United States than ever before. She asserted that much of the history of the twenty-first century would be written in Asia. In her words, “As the war in Iraq winds down and America begins to withdraw its forces from Afghanistan, the United States stands at a pivot point.”
Asia’s growth and dynamism is central to American economic and strategic interests and a key priority for President Obama. Open markets in Asia provide the United States with unprecedented opportunities for investment, trade, and access to cutting-edge technology. Our economic recovery at home will depend on exports and the ability of American firms to tap into the vast and growing consumer base of Asia. Strategically, maintaining peace and security across the Asia Pacific is increasingly crucial to global progress.