The Third Option for the South China Sea : The Political Economy of Regional Conflict and Cooperation


David. Green
Bok Engelsk 2016 · Electronic books.
Annen tittel
Utgitt
[Cham] : Palgrave Macmillan , cop. 2016
Omfang
1 online resource (156 p.)
Opplysninger
Description based upon print version of record.. - Dedication; Foreword; Preface; Contents; List of Abbreviations and Acronyms ; List of Figures; List of Tables ; List of Boxes; 1: Introduction; Notes; Bibliography; 2: Low-Level Simmering Disputes; 2.1 A Long Period of Intermittent Confrontations; 2.2 Today's Conflict: Building and Rebuilding Islands in the Sea; Notes; Bibliography; 3: A Model from Game Theory; Notes; Bibliography; 4: The Economic Context: Costs and Vulnerability to Conflict; 4.1 Trade Intensity: Trade Dependency; 4.2 Foreign Direct Investment: Ties That Bind; 4.3 Bilateralism Versus Multilateralism. - 4.4 The Potential of the ASEAN Economic Community4.5 Vulnerability to Macro Shocks; Notes; Bibliography; 5: Hypothetical Rewards, Resources in the South China Sea; 5.1 Energy Resources: There Is No Free Lunch; 5.2 Fishery Riches: A Depleting Resource; Notes; Bibliography; 6: Broader Issues in the West Pacific; 6.1 National Security and Beyond; 6.2 Internationalization, the Involvement of Non-Regional Players; Notes; Bibliography; 7: Regional Cooperation as the Third Option: A Modified Game; Note; Bibliography; 8: The Experiences of Existing Regional Cooperation Initiatives. - 8.1 The Greater Mekong Subregion8.2 The Indonesia-Malaysia-Singapore-Growth Triangle; 8.3 BIMP-EAGA and IMT-GT; 8.4 Pan-Beibu Gulf Economic Cooperation; Notes; Bibliography; 9: South China Sea Regional Cooperation: A Tentative Exercise; Notes; Bibliography; 10: Conclusion; Appendix A: Tourism at Risk from West Pacific Conflicts; Appendix B: Literature References for Policy Issues for the South China Sea; References; Index. - This Palgrave Pivot uses a simple model from game theory to explain the behavior of countries disputing ownership of resources and of small islands in the South China Sea. It argues that the rapid transformation of the region's economy - the rise of Factory Asia – is not being acknowledged, leading countries to take chances beyond what a rational picture of costs and benefits would suggest. Regional economic cooperation may be a viable alternative to the present conflicts. However, the varied experience of regional initiatives in Southeast Asia provides a cautionary note that, while there is the potential for peaceful development of the South China Sea, there are significant challenges to structuring successful programs. David Jay Green is Professor of Global Economics at Hult International Business School, USA. He has been a tenured professor of economics at Hosei University, Japan, and an economist at both the US Federal Reserve Board in Washington, D.C., and at the Asian Development Bank, the Philippines. He earned his PhD from Columbia University, USA. .
Emner
Sjanger
Geografisk emneord
Asia : HUME01809. - Stillehavet : HUME14708
Dewey
337 . - 338.95
ISBN
9783319402734

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