套期保值的收缩空间:系统单元动力学和较小权力的行为

A. Korolev
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引用次数: 30

摘要

本文通过强调和研究小国对冲行为的局限性,促进了对国际政治中“对冲”的理解。基于对冲是地区或州级(而非系统级)变量的结果这一推理思路,文章认为,随着大国的竞争变得更加激烈,并试图相互制衡,小国可用的对冲空间会缩小。本文以冷战后的南中国海地区,特别是菲律宾、越南和马来西亚不断演变的行为为实证重点,展示了在中美竞争日益激烈的条件下,这些地区国家如何开始从对冲转向更明显的跟风-à-vis大国,而不顾其国内的社会政治倾向。因此,对冲是有限制的,可以被设想为一种“奢侈品”,与大国平衡的强度成反比。
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Shrinking Room for Hedging: System-Unit Dynamics and Behaviour of Smaller Powers
This article advances the understanding of ‘hedging’ in international politics by highlighting and examining the limits to smaller powers’ hedging behavior. Building on the line of reasoning that hedging is an outcome of regional or state-level, rather than system-level, variables, the article suggests that the room for hedging available to smaller states shrinks as great powers become more competitive and attempt to balance against one another. With an empirical focus on the post-Cold War South China Sea region, particularly the evolving behavior of the Philippines, Vietnam, and Malaysia, the article demonstrates how, under the conditions of growing China–US competition, these regional states start moving from hedging to more pronounced bandwagoning vis-à-vis great powers regardless their domestic-level sociopolitical dispositions. Therefore, hedging has limits and can be envisaged as a ‘luxury’ that is inversely related to the intensity of great power balancing.
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