Anzeige
Erschienen in:
2015 | OriginalPaper | Buchkapitel
Can Economic Interdependence and Cooperation Mitigate Security Concerns in East Asia?
verfasst von : G. V. C. Naidu
Erschienen in: Building Confidence in East Asia: Maritime Conflicts, Interdependence and Asian Identity Thinking
Verlag: Palgrave Macmillan US
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Rapidly growing economic interdependence is a significant factor in East Asian security. Aided by regional free trade agreements and multilateral frameworks, East Asian interdependence is now qualitatively different, with FDI playing a critical role even as the region enmeshes itself in the production value chain. Hence, a conflict seems unlikely because of high costs. The causal relationship between domestic stability and economic development, between growing prosperity and democracy, and democracy and peace are evident. Undoubtedly, a major deterrent for China in undertaking military adventures is its critical economic ties with the rest of the region. Since East Asia is still grappling for a stable order, it is necessary to create and strengthen robust region-wide institutions while building a regional balance of power.