The Third Option for the South China Sea : The Political Economy of Regional Conflict and Cooperation
1st ed. 2016
Book Details
Format
Hardback or Cased Book
ISBN-10
3319402730
ISBN-13
9783319402734
Edition
1st ed. 2016
Publisher
Springer International Publishing AG
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 28th, 2016
Print length
138 Pages
Product Classification:
AsiaInternational economicsGame theory
Ksh 8,100.00
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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.
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.
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