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- Title
The Domestic Determinants of Hedging in Singapore’s Foreign Policy.
- Authors
LEE, TERENCE
- Abstract
In response to the intensifying US-China rivalry, Singapore ostensibly “hedges”, a strategy that avoids choosing between Washington and Beijing and maximizes gains from cooperating with both powers while avoiding confrontation. Hedging also extenuates Singapore’s central location in Asia and its role as an established commercial and financial hub. As such, it appears to reflect the imperative of any small state: survival. However, in contrast to the argument that domestic politics does not matter in Singapore’s foreign policy, this article demonstrates how the domestic imperative of legitimizing the political dominance of the ruling People’s Action Party (PAP) shapes the government’s hedging strategy.
- Subjects
SINGAPORE; HEDGING (Finance); INTERNATIONAL relations; SMALL states
- Publication
Contemporary Southeast Asia: A Journal of International & Strategic Affairs, 2024, Vol 46, Issue 1, p77
- ISSN
0129-797X
- Publication type
Article
- DOI
10.1355/cs46-1d