Geoeconomics vs. Geopolitics: Implications for Asia
Asia is witnessing a growing divergence between “geoeconomics” and “geopolitics,” centered around China. While China offers unparalleled near-term economic opportunities, cumulative decisions taken by thousands of American, Japanese, Taiwanese, and Korean firms are ironically helping to build these countries’ most formidable strategic competitor. Beijing’s growing competitiveness – and assertiveness – is forcing Asian nations to hedge against the risks created by deepening economic networks binding the region together.
Manik Suri and Devesh Kapur. "Geoeconomics vs. Geopolitics: Implications for Asia" Oxford Handbook of the Economics of the Pacific Rim. Ed. Inderjit Kaur and Nirvikar Singh. London: Oxford University Press, 2013.
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