Thailand’s hedging strategy under the strategic competition between China and the United States

Chanattaporn Netkhunakorn
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Abstract

Thailand's foreign policy stance has shifted dramatically since the Prayuth regime staged a coup in 2014. The purpose of this study: 1) Complement and expand on the theoretical meaning of hedging strategy. 2) It can theoretically support Thailand in the face of strategic conflict between China and the United States. 3) Be aware of why Thailand implements a hedging strategy and know the specific performance of Thailand’s hedging strategy. 4) It will aid in the growth of Thailand's connections with the two big countries. 5) This article can provide certain reference for research related to Thailand’s diplomatic strategy. The method of this study adopts content documentary analysis, case analysis method, literature research and historical method. According to the findings of this study, Thailand has begun to tilt more toward requesting assistance from China in Prayuth goverment. Many researchers are concerned about Thailand's neutrality. However, Thailand has not yet vanished from the United States. Just a few steps removed from the Obama and Trump administrations. Thailand has begun to rebuild its old friendship with America as the Joe Biden era looms. But anyway Thailand cannot choose a side. Because Thailand is a reliable ally on both sides. This has caused the Prayut government to seek cooperation from other organizations and countries, including Japan, India, and ASEAN. Thailand has accelerated the development of economic links with Japan. Accelerate the political development of relations with India. and establishing ties with ASEAN and Southeastern countries in order to find a way for small countries to maintain their own interests as much as possible in the fight between the two superpowers. Although hedging techniques are currently the preferred option for smaller countries, the variables driving this strategy differ. In Thailand, the majority of the factors that influence hedging tactics originate within the country. But all bordering countries are influenced by foreign causes. As a result, Thailand has become another special case of hedging among ASEAN countries.
中美战略竞争下的泰国避险战略
自 2014 年巴育政权发动政变以来,泰国的外交政策立场发生了巨大转变。本研究的目的1)补充和拓展对冲战略的理论内涵。2)可以为泰国面对中美战略冲突提供理论支持。3)了解泰国实施套期保值战略的原因,了解泰国套期保值战略的具体表现。4)有助于泰国与两个大国关系的发展。5) 本文可以为泰国外交战略的相关研究提供一定的参考。本研究采用内容文献分析法、案例分析法、文献研究法和历史研究法。根据本研究的结论,泰国在巴育政府时期开始更多地倾向于向中国请求援助。许多研究人员对泰国的中立性表示担忧。然而,泰国尚未从美国消失。与奥巴马和特朗普政府仅几步之遥。随着乔-拜登(Joe Biden)时代的来临,泰国已开始重建与美国的昔日友谊。但无论如何,泰国都不能选边站。因为泰国在两边都是可靠的盟友。这使得巴育政府开始寻求其他组织和国家的合作,包括日本、印度和东盟。泰国加快发展与日本的经济联系。在政治上加快发展与印度的关系。并与东盟和东南部国家建立联系,以便在两个超级大国的争斗中为小国找到一条尽可能维护自身利益的道路。尽管对冲技术是目前小国的首选,但推动这一战略的变量却各不相同。在泰国,影响对冲策略的大部分因素来自国内。但所有接壤国家都受到外国因素的影响。因此,泰国成为东盟国家中另一个套期保值的特例。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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