More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom

Economic growth and arms race are interesting phenomena in Southeast Asia. Contrary to the view of a majority of scholars that arms race has generally negative impact on economic growth, this article argues that the arms race between China and the United States in the South China Sea helps to create...

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Main Author: Sugiarto Pramono
Format: Article
Language:English
Published: World Century Publishing Corporation 2018-01-01
Series:China Quarterly of International Strategic Studies
Subjects:
Online Access:http://www.worldscientific.com/doi/pdf/10.1142/S2377740018500070
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spelling doaj-5763cc429d4d42e3abdfdef1da4e1a6e2020-11-25T01:46:57ZengWorld Century Publishing CorporationChina Quarterly of International Strategic Studies2377-74002377-74192018-01-014114315810.1142/S237774001850007010.1142/S2377740018500070More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic BoomSugiarto Pramono0No. 27, Shanda Nan Road, Jinan 250100, Shandong Province, ChinaEconomic growth and arms race are interesting phenomena in Southeast Asia. Contrary to the view of a majority of scholars that arms race has generally negative impact on economic growth, this article argues that the arms race between China and the United States in the South China Sea helps to create a balance of power, which reinforces regional political stability and further drives economic growth. Thus, in an indirect way, the arms race aids economic growth in Southeast Asia. Elaborating on a discourse that arms race is a natural reality in international politics which must be responded to by a positive approach, this study aims to open a new space for debate and further research and offers a new perspective to understand the phenomenon.http://www.worldscientific.com/doi/pdf/10.1142/S2377740018500070Economic growtharms racebalance of powerregional stability
collection DOAJ
language English
format Article
sources DOAJ
author Sugiarto Pramono
spellingShingle Sugiarto Pramono
More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom
China Quarterly of International Strategic Studies
Economic growth
arms race
balance of power
regional stability
author_facet Sugiarto Pramono
author_sort Sugiarto Pramono
title More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom
title_short More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom
title_full More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom
title_fullStr More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom
title_full_unstemmed More Guns, Less Butter?: China-U.S. Arms Race Behind Southeast Asia’s Economic Boom
title_sort more guns, less butter?: china-u.s. arms race behind southeast asia’s economic boom
publisher World Century Publishing Corporation
series China Quarterly of International Strategic Studies
issn 2377-7400
2377-7419
publishDate 2018-01-01
description Economic growth and arms race are interesting phenomena in Southeast Asia. Contrary to the view of a majority of scholars that arms race has generally negative impact on economic growth, this article argues that the arms race between China and the United States in the South China Sea helps to create a balance of power, which reinforces regional political stability and further drives economic growth. Thus, in an indirect way, the arms race aids economic growth in Southeast Asia. Elaborating on a discourse that arms race is a natural reality in international politics which must be responded to by a positive approach, this study aims to open a new space for debate and further research and offers a new perspective to understand the phenomenon.
topic Economic growth
arms race
balance of power
regional stability
url http://www.worldscientific.com/doi/pdf/10.1142/S2377740018500070
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