Hedging Strategies in Southeast Asia
Taylor & Francis
Hedging Strategies in Southeast AsiaASEAN, Malaysia, the Philippines, and Vietnam and their Relations with China\nAuthor(s): Alfred Gerstl\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032075167, 978-1032075167\nSynopsis\nIntroducing 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. \n\nThe 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 ([url] in economics) and balancing ([url] in security affairs). Even though the four he.
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