The only point of agreement is the need to study both the material capabilities and the interdependencies of states. [...] To address the aforementioned sources of ambiguity regarding the study of hedging (theoretical and analytical), the following section will assess the definition of hedging, identify three rival approaches, and link the risks and opportunities of hedging with the uncertainty over the future distribution of power. [...] However, authors within this group often face the challenge of differentiating between the instruments and behaviours associated with hedging and those of balancing, as both strategies hinge on security considerations to assert opposition to the hegemony of a great power.9 The securitist approach is grounded in the literal meaning of the verb ‘hedge’, emphasising the countermeasures a state deploy. [...] Solving the Analytical Trilemma The insufficient theoretical development of hedging has been encouraged by an existing analytical ambiguity—the result of both the complexity of disentangling the analytical content of hedging from empirical reality and the conceptual overlap with other foreign policy strategies.32 The literature has tried to clarify this ambiguity using three approaches.33 The firs. [...] An example of this inclusive institutional balancing is the 2002 Declaration on the Conduct of Parties in the South China Sea between the ASEAN members and China, which will likely become a Code of Conduct in the near future.
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- Pages
- 22
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- Türkiye
