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The Third Option for the South China Sea

The Political Economy of Regional Conflict and Cooperation

  • Book
  • © 2016

Overview

Authors:
  1. David Jay Green

    1. Hult International Business School, San Francisco, USA

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  • Explains countries' political behaviors with a simple game theory model of conflict and cooperation

  • Acknowledges rapid regional economic transformation

  • Author applies over thirty years' experience living and working in Asia

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xxiii
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  2. Introduction

    • David Jay Green
    Pages 1-11

  3. Low-Level Simmering Disputes

    • David Jay Green
    Pages 13-22

  4. A Model from Game Theory

    • David Jay Green
    Pages 23-34

  5. The Economic Context: Costs and Vulnerability to Conflict

    • David Jay Green
    Pages 35-59

  6. Hypothetical Rewards, Resources in the South China Sea

    • David Jay Green
    Pages 61-66

  7. Broader Issues in the West Pacific

    • David Jay Green
    Pages 67-77

  8. Regional Cooperation as the Third Option: A Modified Game

    • David Jay Green
    Pages 79-83

  9. The Experiences of Existing Regional Cooperation Initiatives

    • David Jay Green
    Pages 85-102

  10. South China Sea Regional Cooperation: A Tentative Exercise

    • David Jay Green
    Pages 103-109

  11. Conclusion

    • David Jay Green
    Pages 111-112

  12. Back Matter

    Pages 113-138
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Keywords

About this book

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. 

Authors and Affiliations

  • Hult International Business School, San Francisco, USA

    David Jay Green

About the author

David Jay Green is Professor of Global Economics at Hult International Business School, USA. He has been a tenured professor of economics at Hosei University, Japan, and an economist at both the US Federal Reserve Board in Washington, D.C., and at the Asian Development Bank, the Philippines. He earned his PhD from Columbia University, USA. 

Bibliographic Information

  • Book Title: The Third Option for the South China Sea

  • Book Subtitle: The Political Economy of Regional Conflict and Cooperation

  • Authors: David Jay Green

  • DOI: https://doi.org/10.1007/978-3-319-40274-1

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2016

  • Hardcover ISBN: 978-3-319-40273-4Published: 28 September 2016

  • eBook ISBN: 978-3-319-40274-1Published: 16 September 2016

  • Edition Number: 1

  • Number of Pages: XXIII, 138

  • Number of Illustrations: 4 b/w illustrations, 13 illustrations in colour

  • Topics: Asian Economics, International Economics, Game Theory

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