| Summary/Abstract |
I argue that the asymmetric strategic partnership (ASP) between a regional great power and a small power is not necessarily based on their shared goals, but such a partnership would help them achieve their own strategic objectives. For a regional great power, an ASP helps prevent a weak partner from excessively depending on a rival state for its economy and security. For a small power, the partnership increases the legitimacy of domestic political regime while offering a strategic option to hedge against the risk of over-dependence on a particular state by diversifying political and economic assistance. In short, ASPs serve as a wedge strategy for a regional great power, while it functions as a hedging strategy for a smaller power. I apply this conceptual framework to analyze two cases, the Japan-Cambodia and Japan-Laos strategic partnerships.
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