As President George W. Bush prepares to depart for a diplomatic journey to Asia, a panel of Brookings experts will discuss what issues will be on the agenda at each stop and what results are likely to come from the trip. The common thread running through the entire mission will be the president’s effort to maintain worldwide support for his anti-terrorism war. Otherwise, there will be country-specific issues to discuss at each stop:
Japan: How the Japanese can revive their faltering economy-now approaching ten years in the doldrums-tops the agenda. Japan’s continuing economic malaise is detrimental to the regional economy and threatens to prolong the global recession. Recent developments indicate that the malaise could turn into a much more serious financial and economic crisis.
South Korea: Bush’s recent statement that North Korea is part of an “axis of evil” supporting terrorism and developing weapons of mass destruction overshadows all other issues. Finding common ground between the president’s denunciation and South Korea’s more open policy toward North Korea will be most important to Bush.