Hedging Strategies in Southeast Asia 2022
DOI: 10.4324/9781003212164-6
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Vietnam's hedging strategy towards China

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“…Hedging is a strategic action that places international actors in an advantageous middle position, particularly in their dealings with great powers (Gerstl, 2022, p. 20). When the risks are calculated precisely, functional insurance guarantees weaker states’ present and future positions.…”
Section: Why Do Third-tier States Hedge?mentioning
confidence: 99%
“…Hedging is a strategic action that places international actors in an advantageous middle position, particularly in their dealings with great powers (Gerstl, 2022, p. 20). When the risks are calculated precisely, functional insurance guarantees weaker states’ present and future positions.…”
Section: Why Do Third-tier States Hedge?mentioning
confidence: 99%