2008
DOI: 10.1355/cs30-2a
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The Essence of Hedging: Malaysia and Singapore´ s Response to a Rising China

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Cited by 229 publications
(52 citation statements)
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“…56 In other words, the objective of hedging, as described by Cheng-Chwee is to "offset risks by pursuing multiple policy options that are intended to produce mutually counteracting effects, under the situation of highuncertainties and high-stakes." 57 Hedging policy can also be seen in military without a declared adversary and increasing participation in loose bilateral and multilateral cooperation. 58 Thus in policy practice, indirect balancing and hedging can hardly be distinguished.…”
Section: Coast Guardmentioning
confidence: 99%
See 1 more Smart Citation
“…56 In other words, the objective of hedging, as described by Cheng-Chwee is to "offset risks by pursuing multiple policy options that are intended to produce mutually counteracting effects, under the situation of highuncertainties and high-stakes." 57 Hedging policy can also be seen in military without a declared adversary and increasing participation in loose bilateral and multilateral cooperation. 58 Thus in policy practice, indirect balancing and hedging can hardly be distinguished.…”
Section: Coast Guardmentioning
confidence: 99%
“…59 Due to its broad definition, a hedging strategy might create a conceptual ambiguity in understanding recent Southeast Asian states' behaviour towards China. Thus, by taking the recent defence policy initiated by many Southeast Asian countries as a hedging strategy only reduces the significance policy changes made by Southeast Asian states in responding to an increasingly assertive China.…”
Section: Coast Guardmentioning
confidence: 99%
“…19 Given the wisdom of such a hedging approach in general, what might be the components of such an approach specifically for Indonesia on the South China Sea? 15 Cheng-Chwee (2008). The delicate equilibrium approach is made up of four components: engagement; enmeshment; traditional balancing and soft balancing.…”
Section: Delicate Equilibrium: Indonesia's Approach To the South Chinmentioning
confidence: 99%
“…Cheng-Chwee (2008). For his definition, the author refers to such previous works asMunn et al (1991).42 Ibid.…”
mentioning
confidence: 99%
“…Other scholars have labelled the entire spectrum between balancing and bandwagoning as hedging, with different policy responses encompassing political, economic and security features occurring within this definition (Medeiros 2005/06;Cheng-Chwee 2008). In this way, hedging aims to 'offset risks by pursuing multiple policy options that are intended to produce mutually counteracting effects, under the situation of high-uncertainties and high-stakes' (Cheng-Chwee 2008: 163).…”
Section: Secondary Powers and The Middle Kingdommentioning
confidence: 99%