| ID | 140484 |
| Title Proper | Economics of power transitions |
| Other Title Information | Australia between China and the United States |
| Language | ENG |
| Author | Thomas, Nicholas |
| Summary / Abstract (Note) | This article examines Sino–Australian economic relations, and their impact on the ties between the United States and Australia. First, drawing on power transition theory, it is argued that in a post-Cold War environment, economic ties play as great a role as strategic relations in determining the orientation of third-party states. Second, it is also argued that Australia's deeper economic and commercial ties with China have usurped a role previously held by the United States. This has forced Australia to pursue a bifurcated foreign policy—one split between its economic and national security needs. Third, these deeper ties with China have generated a degree of alliance drift between Australia and the United States. As a result, there is now a significant debate in Australia over the future of both bilateral relations—even as its space for policy innovation remains limited. |
| `In' analytical Note | Journal of Contemporary China Vol. 24, No.95; Sep 2015: p.846-864 |
| Journal Source | Journal of Contemporary China Vol: 24 No 95 |
| Key Words | Australia ; United States ; China ; Economics of Power Transitions ; Sino – Australian Economic Relations ; Economic and Commercial Ties ; Economic and National Security |