Institutions and Resource Insecurity in Asia
Date
2012-04-27
Authors
Ravenhill, John
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Canberra, ACT: The Australian National University - MacArthur Asia Security Initiative
Abstract
IT has long been recognized in Asia that
national security encompasses more than
traditional balance of power politics. States
must also manage external economic vulnerabilities,
especially in “strategic” areas
such as natural resources.
Due to rapid economic growth in China and
India, surging world prices, and increasing
concerns over environmental scarcity,
resource issues have risen to the top of the
international agenda. Recent actions by
several producer states to limit exports have
also intensified anxieties over resource security,
and many consumer governments have
announced national strategies to attempt to
guarantee their access to foreign supplies.
Consequently, resource interdependence in
Asia has become increasingly “securitized”
in the last few years. Governments have
increasingly intervened to influence international
trade in resources, opening up the
prospect of resource competition that could
undermine the operation of world resource
markets.
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Citation
Ravenhill, John (2012) “Institutions and Resource Insecurity in Asia,” ANU–MASI Policy Background Paper, No. 9, 27 April.
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Working/Technical Paper
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Open Access
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