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

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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. 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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Publisher

The Editor : Palgrave Macmillan Cham., 2016

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Language

English

ISBN/ISSN

978-3-319-40274-1

Classification

NONE

Content Type

text

Media Type

computer

Carrier Type

online resource

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Subject(s)

Game theory
International Economics
Asian Economics

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Statement of Responsibility

David Jay Green

Other Information

Cataloger

Yudi

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