Mongolian Hedging Strategy

被引:1
|
作者
Hlavacek, Pavel [1 ]
Sanc, David [2 ]
机构
[1] Metropolitan Univ Prague, Dubecska 900-10, Prague 10000 10, Czech Republic
[2] Univ West Bohemia, Fac Arts, Plzen, Czech Republic
关键词
Mongolia; foreign policy; hedging strategy; China; Russia; Third Neighbor Policy; EAST-ASIA; SOUTHEAST-ASIA; UNITED-STATES; CHINA; ALIGNMENT; SECURITY; FUTURE; PEACE; POWER;
D O I
10.1177/23477970221098500
中图分类号
D81 [国际关系];
学科分类号
030207 ;
摘要
The aim of this text was to evaluate Mongolian foreign policy by applying the hedging strategy. We have arrived at the conclusion that the way Mongolia strives to secure itself against insecurities and risks in the fast-changing environment of East Asia corresponds to main principles of the hedging strategy and in basic outlines that it is not different from procedures applied by countries in Southeast Asia. After 1990, Mongolians enrolled in the Non-Aligned Movement; they voluntarily enlisted their country in the nuclear-free zone and started to apply to a friendly relation policy towards powers in their neighbourhood. These are basically same methods copied by all ASEAN member states. In its foreign policy, Mongolia applies a full range of hedging options: both acceptance and rejection of China's power. In the context of East and Southeast Asian smaller state strategies, we consider Mongolian efforts as a light form of hedging.
引用
下载
收藏
页码:318 / 346
页数:29
相关论文
共 50 条
  • [1] THE HEDGING STRATEGY FOR ASIAN OPTION
    Shishkova, A. A.
    VESTNIK TOMSKOGO GOSUDARSTVENNOGO UNIVERSITETA-MATEMATIKA I MEKHANIKA-TOMSK STATE UNIVERSITY JOURNAL OF MATHEMATICS AND MECHANICS, 2018, (56): : 29 - 41
  • [2] Persistence as an Optimal Hedging Strategy
    Browning, Alexander P.
    Sharp, Jesse A.
    Mapder, Tarunendu
    Baker, Christopher M.
    Burrage, Kevin
    Simpson, Matthew J.
    BIOPHYSICAL JOURNAL, 2021, 120 (01) : 133 - 142
  • [3] THE PORTFOLIO SELECTION FOR A HEDGING STRATEGY
    Florianova, Hana
    PROCEEDINGS OF THE 7TH ECONOMICS & FINANCE CONFERENCE, 2017, : 1 - 8
  • [4] Optimal hedging strategy of futures
    School of Science, Beijing Institute of Technology, Beijing 100081, China
    J Beijing Inst Technol Engl Ed, 2008, SUPPL. (167-170):
  • [5] Hedging with Futures: Does Anything Beat the Naive Hedging Strategy?
    Wang, Yudong
    Wu, Chongfeng
    Yang, Li
    MANAGEMENT SCIENCE, 2015, 61 (12) : 2870 - 2889
  • [6] The hedging strategy of an Asian option
    Yang, ZJ
    Zou, JZ
    MARKOV PROCESSES AND CONTROLLED MARKOV CHAINS, 2002, : 389 - 395
  • [7] Optimal hedging strategy of futures
    Zou Bin
    Yang Guoxiao
    TIRMDCM 2007: PROCEEDINGS OF THE FIRST INTERNATIONAL CONFERENCE ON TECHNOLOGY INNOVATION, RISK MANAGEMENT AND SUPPLY CHAIN MANAGEMENT, VOLS 1 AND 2, 2007, : 629 - 633
  • [8] Option pricing and portfolio hedging under the mixed hedging strategy
    Wang, Xiao-Tian
    Zhao, Zhong-Feng
    Fang, Xiao-Fen
    PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 2015, 424 : 194 - 206
  • [9] Hedging strategy for crude oil trading and the factors influencing hedging effectiveness
    Yun, Won-Cheol
    Kim, Hyun Jae
    ENERGY POLICY, 2010, 38 (05) : 2404 - 2408
  • [10] Hedging strategy for financial variables and commodities
    Abid, Ilyes
    Dhaoui, Abderrazak
    Guesmi, Khaled
    Kaabia, Olfa
    ECONOMICS BULLETIN, 2020, 40 (02): : 1368 - 1379