By Invitation

A revisionist view on reshaping the regional order

From the US to North Korea, South Korea, Japan and China, each stakeholder in the Trump-Kim summit has revisionist hopes to alter the regional order.

After imposing wage and price controls in response to a 1971 economic crisis, then US President Richard Nixon famously declared that "we are all Keynesians now". That was the confession of a president forced by circumstances to implement economic policies that ran counter to his free market, monetarist principles.

As the world approaches the historic Singapore summit between United States President Donald Trump and North Korean leader Kim Jong Un, North-east Asian powers - and the US - must confess that we are all revisionists now. This is the reaction of regional states forced by an evolving strategic environment to pursue policies that could drastically alter international relations in North-east Asia.

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A version of this article appeared in the print edition of The Straits Times on June 12, 2018, with the headline 'A revisionist view on reshaping the regional order'. Print Edition | Subscribe