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date: 28 January 2020

Abstract and Keywords

This chapter explores the theoretical and empirical implications of economic-security linkages in Asian politics by focusing on two issues: how heightened economic interdependence influences the possibility of interstate conflict; and how states wield economic instruments to attain key political-security objectives. The examination of linkages between economic interdependence and possible interstate conflict in subregions of Asia reveals that enhanced economic interdependence has stimulated the creation of new institutions or the formalization of existing institutions. However, the influence of economic interdependence on alleviating political-security tensions and advancing security cooperation has remained limited. As for a state’s instrumental use of economic statecraft, states in Asia have taken advantage of economic tools such as trade, foreign aid, and commercial agreements for pursuing key political-security objectives. Lingering historical animosity reinforced by growing concerns about energy security intensified the state’s aspirations to use economic statecraft for attaining strategic goals.

Keywords: economic interdependence, economic statecraft, commercial agreement, comprehensive national security, regional institution, political-security tension

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