Hedging Strategies in Southeast Asia

Language: English

Published by Taylor and Francis Ltd, GB, 2024

1032079401 / 9781032079400

Series: Book 56 of 58 - Routledge Contemporary Southeast Asia

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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.…

Seller Inventory # LU-9781032079400

Title
Hedging Strategies in Southeast Asia
Author
Alfred Gerstl
Publisher
Taylor and Francis Ltd, GB
Publication year
2024
Condition
New
Binding
Paperback
Language
English
ISBN 10
1032079401
ISBN 13
9781032079400
Item weight
260 grams
Series
Book 56 of 58: Routledge Contemporary Southeast Asia

Rarewaves.com USA

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