Hedging Strategies in Southeast Asia

Hedging Strategies in Southeast Asia PDF Author: Alfred Gerstl
Publisher: Taylor & Francis
ISBN: 1000605361
Category : Social Science
Languages : en
Pages : 163

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Book Description
Introducing a re-conceptualized comprehensive hedging framework, this book analyses the relations of the Association of Southeast Asian Nations (ASEAN), Malaysia, the Philippines, and Vietnam with China in the context of the Belt and Road Initiative (BRI) and the South China Sea dispute. The author argues that ASEAN and the three Southeast Asian governments pursue a hedging strategy towards the rising China. Hedging expands the strategic options of smaller powers which are in Neorealism often restricted to bandwagoning and balancing. A hedging strategy, however, can simultaneously contain both elements of bandwagoning (e.g., in economics) and balancing (e.g., in security affairs). Even though the four hedging strategies and their implementation vary, in principle they all seek closer economic relations with Beijing, while maintaining strong security relations with Washington. A major innovation of the new hedging concept is the inclusion of the perceptions of the hedger on the risks and opportunities stemming from the relations with the hedging target and of the strategic value of potential hedging partners. The comprehensive hedging concept and the important empirical findings will be of interest to researchers in the fields of International Relations, Security, Political Geography, Economics, History, and Asian Studies.

Hedging Strategies in Southeast Asia

Hedging Strategies in Southeast Asia PDF Author: Alfred Gerstl
Publisher: Taylor & Francis
ISBN: 1000605361
Category : Social Science
Languages : en
Pages : 163

Get Book Here

Book Description
Introducing a re-conceptualized comprehensive hedging framework, this book analyses the relations of the Association of Southeast Asian Nations (ASEAN), Malaysia, the Philippines, and Vietnam with China in the context of the Belt and Road Initiative (BRI) and the South China Sea dispute. The author argues that ASEAN and the three Southeast Asian governments pursue a hedging strategy towards the rising China. Hedging expands the strategic options of smaller powers which are in Neorealism often restricted to bandwagoning and balancing. A hedging strategy, however, can simultaneously contain both elements of bandwagoning (e.g., in economics) and balancing (e.g., in security affairs). Even though the four hedging strategies and their implementation vary, in principle they all seek closer economic relations with Beijing, while maintaining strong security relations with Washington. A major innovation of the new hedging concept is the inclusion of the perceptions of the hedger on the risks and opportunities stemming from the relations with the hedging target and of the strategic value of potential hedging partners. The comprehensive hedging concept and the important empirical findings will be of interest to researchers in the fields of International Relations, Security, Political Geography, Economics, History, and Asian Studies.

Hedging Strategies in Southeast Asia

Hedging Strategies in Southeast Asia PDF Author: Alfred Gerstl
Publisher: Routledge
ISBN: 9781003212164
Category : Social Science
Languages : en
Pages : 148

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Book Description
"Introducing a re-conceptualized hedging framework, this book analyses the relations of the Association of Southeast Asian Nations (ASEAN) and the middle powers Malaysia, the Philippines, and Vietnam with China in the context of the Belt and Road Initiative (BRI). The book provides a brief overview of the development of the relationships between the Southeast Asian states, ASEAN and China since 1989. The author argues that ASEAN and the majority of the Southeast Asian governments pursue a hedging strategy towards the rising China. They seek closer economic relations with Beijing, while maintaining strong security relations with Washington and also try to involve Japan. Hedging expands the strategic options of small and middle powers which are in Neorealism often restricted to bandwagoning and balancing. A hedging strategy, however, can simultaneously contain both elements of bandwagoning (e.g., in economics) and balancing (e.g., in security affairs). By examining the relations of ASEAN, Malaysia, the Philippines, and Vietnam with China and the US and Japan, the book puts forward a new, re-conceptualized hedging concept that combines foreign and security policy with economics. Adding significant new empirical knowledge, the book will be of interest to researchers in the fields of to the field of International Relations, Security, Political Geography, Economics, History and Asian Studies"--

Hedging Strategies in Southeast Asia

Hedging Strategies in Southeast Asia PDF Author: Alfred Gerstl
Publisher:
ISBN: 9781032079400
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Introducing a re-conceptualized hedging framework, this book analyses the relations of the Association of Southeast Asian Nations (ASEAN) and the middle powers Malaysia, the Philippines, and Vietnam with China in the context of the Belt and Road Initiative (BRI).

Meeting the China Challenge

Meeting the China Challenge PDF Author: Evelyn Goh
Publisher: East-West Center
ISBN:
Category : Political Science
Languages : en
Pages : 86

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Book Description
In East Asia, the United States is often acknowledged as a key determinant of stability given its military presence and role as a security guarantor. In the post-Cold War period, regional uncertainties about the potential dangers attending a rising China have led some analysts to conclude that almost all Southeast Asian states now see the United States as the critical balancing force. In contrast, based on case studies of Thailand, Singapore, and Vietnam, this study argues that key states in the region do not perceive themselves as having the stark choices of either balancing against or bandwagoning with China. Instead, they pursue hedging strategies that comprise three elements: indirect balancing, which mainly involves persuading the United States to act as counterweight to Chinese regional influence; complex engagement of China at the political, economic, and strategic levels, with the hope that Chinese leaders may be socialized into conduct that abides by international norms; and a more general policy of enmeshing a number of regional great powers in order to give them a stake in a stable regional order. The study also investigates each state?s perceptions of the American role in regional security and discusses how they operationalize their hedging policies against a potential U.S. drawdown in the region, as well as the different degrees to which they use their relationships with the United States as a hedge against potential Chinese domination. Finally, it discusses these states? expectations of what the United States should do to help in their hedging strategies toward China, suggesting a range of policies that span the military as well as political, diplomatic, and economic realms. This is the sixteenth publication in Policy Studies, a peer-reviewed East-West Center Washington series that presents scholarly analysis of key contemporary domestic and international political, economic, and strategic issues affecting Asia in a policy relevant manner.

Under Beijing's Shadow

Under Beijing's Shadow PDF Author: Murray Hiebert
Publisher: Rowman & Littlefield
ISBN: 1442281405
Category : Political Science
Languages : en
Pages : 608

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Book Description
China’s rise and stepped-up involvement in Southeast Asia have prompted a blend of anticipation and unease among its smaller neighbors. The stunning growth of China has yanked up the region’s economies, but its militarization of the South China Sea and dam building on the Mekong River has nations wary about Beijing’s outsized ambitions. Southeast Asians long felt relatively secure, relying on the United States as a security hedge, but that confidence began to slip after the Trump administration launched a trade war with China and questioned the usefulness of traditional alliances. This compelling book provides a snapshot of ten countries in Southeast Asia by exploring their diverse experiences with China and how this impacts their perceptions of Beijing’s actions and its long-term political, economic, military, and “soft power” goals in the region.

The Deer and the Dragon

The Deer and the Dragon PDF Author: Donald K Emmerson
Publisher: Rowman & Littlefield
ISBN: 1931368597
Category : Political Science
Languages : en
Pages : 313

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Book Description
Will the nations of Southeast Asia maintain their strategic autonomy, or are they destined to become a subservient periphery of China? This book’s expert authors address this pressing question in multiple contexts. What clues to the future lie in the modern history of Sino-Southeast Asian relations? How economically dependent on China has the region already become? What do Southeast Asians think of China? Does Beijing view the region in proprietary terms as its own backyard? How has the relative absence, distance, and indifference of the United States affected the balance of influence between the US and China in Southeast Asia? The book also explores China’s moves and Southeast Asia’s responses to them. Does China’s Maritime Silk Road through Southeast Asia herald a Pax Sinica across the region? How should China’s expansionary acts in the South China Sea be understood? How have Southeast Asian states such as Vietnam and the Philippines responded? How does Singapore’s China strategy compare with Indonesia’s? How relevant is the Association of Southeast Asian Nations? To what extent has China tried to persuade the “overseas Chinese” in Southeast Asia to identify with “'the motherland” and support its aims? How are China’s deep involvements in Cambodia and Laos affecting the economies and policies of those countries? “This rich collection,” writes renowned author-journalist Nayan Chanda, answers these and other questions while offering “fresh insights” and “new information and analyses” to explain Southeast Asia’s relations with China.

Contesting Malaysia’s Integration into the World Economy

Contesting Malaysia’s Integration into the World Economy PDF Author: Rajah Rasiah
Publisher: Springer Nature
ISBN: 9811606501
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
This book brings together a set of incisive essays that interrogate Malaysian history and social relations which began during pre-colonial times, and extended to colonial and post-colonial Malaysia. It addresses economic misinterpretations of the role of markets in the way colonial industrialisation evolved, the nature of exploitation of workers, and the participation of local actors in shaping a wide range of socioeconomic and political processes. In doing so, it takes the lead from the innovative historian, Shaharil Talib Robert who argued that the recrafting of history should go beyond the use of conventional methodologies and analytic techniques. It is in that tradition that the chapters offer a semblance of causality, contingency, contradictions, and connections. With that, the analysis in each chapter utilises approaches appropriate for the topics chosen, which include history, anthropology, sociology, economics, politics, and international relations. The collection of chapters also offer novel interpretations to contest and fill gaps that have not been addressed in past works. The book is essential reading for history students, and those interested in Malaysian history in particular.

Strategic Adjustment and the Rise of China

Strategic Adjustment and the Rise of China PDF Author: Robert S. Ross
Publisher: Cornell University Press
ISBN: 1501712764
Category : Political Science
Languages : en
Pages : 274

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Book Description
Strategic Adjustment and the Rise of China demonstrates how structural and domestic variables influence how East Asian states adjust their strategy in light of the rise of China, including how China manages its own emerging role as a regional great power. The contributors note that the shifting regional balance of power has fueled escalating tensions in East Asia and suggest that adjustment challenges are exacerbated by the politics of policymaking. International and domestic pressures on policymaking are reflected in maritime territorial disputes and in the broader range of regional security issues created by the rise of China.Adjusting to power shifts and managing a new regional order in the face of inevitable domestic pressure, including nationalism, is a challenging process. Both the United States and China have had to adjust to China's expanded capabilities. China has sought an expanded influence in maritime East Asia; the United States has responded by consolidating its alliances and expanding its naval presence in East Asia. The region's smaller countries have also adjusted to the rise of China. They have sought greater cooperation with China, even as they try to sustain cooperation with the United States. As China continues to rise and challenge the regional security order, the contributors consider whether the region is destined to experience increased conflict and confrontation.ContributorsIan Bowers, Norwegian Defence University College and Norwegian Institute for Defence Studies Daniel W. Drezner, Tufts University, Brookings Institution, and Washington Post Taylor M. Fravel, Massachusetts Institute of Technology Bjørn Elias Mikalsen Grønning, Norwegian Defence University College and Norwegian Institute for Defence Studies Chung-in Moon, Yonsei University and Chairman, Presidential Committee on Northeast Asia Cooperation Initiative, Republic of Korea James Reilly, University of Sydney Robert S. Ross, Boston College and Harvard University Randall L. Schweller, The Ohio State University ystein Tunsjø, Norwegian Defence University College and the Norwegian Institute for Defence Studies Wang Dong, Peking University

The Courteous Power

The Courteous Power PDF Author: John D. Ciorciari
Publisher: University of Michigan Press
ISBN: 047205497X
Category : HISTORY
Languages : en
Pages : 333

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Book Description
Examining the pivotal relationship between Japan and Southeast Asia, as it has changed and endured into the Indo-Pacific Era

Oxford Handbook of the International Relations of Asia

Oxford Handbook of the International Relations of Asia PDF Author: Saadia M. Pekkanen
Publisher: Oxford University Press, USA
ISBN: 0199916241
Category : Medical
Languages : en
Pages : 841

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Book Description
This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.