Work

Multilevel Hedging for Middle-regional Power: Indonesia Ascent Toward Powerhood Through Hedging

Year: 2024

Type: article

Abstract: The aim of this research is to understand how a middle-regional power, such as Indonesia, uses hedging to serve its interests and to address the lack of literature on Indonesian power and hedging. This research applies the concepts of ‘multilevel hedging’ and ‘hedging behavior’, along with a literature review method, to comprehend Indonesia's status and its hedging strategy and motives. The findings of this research indicate that hedging is not only employed for insurance and risk mitigation, but also as a means to build power. It was observed that for Indonesia, hedging is a tool to both enhance and maintain power, aligning with one of the primary objectives of Indonesian foreign policy.

Source: Indonesian Journal of International Relations

DOI: 10.32787/ijir.v8i2.591

Authors: Hemalia Kusumadewi, Wishnu Mahendra Wiswayana

Institution: University of Brawijaya

Language: English

Topic: International Relations and Foreign Policy

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W4402287123

FWCI: 1.675

Cites:

Cited by: 1

Related to: 10