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Persian Gulf – Pacific Asia linkages in the 21st century: a marriage of convenience?

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  • Davidson, Christopher

Abstract

An important new relationship is developing between the six monarchies of the Persian Gulf and the three most industrialized states of Pacific Asia. With little shared modern economic history and enormous political and socio-economic disparities, and separated by great geographical distances, the rapidly tightening economic interdependence between the two regions is a recent phenomenon that deserves considerable attention. This paper dissects this by examining both the hydrocarbon and non-hydrocarbon trades between the two regions before turning to their increasingly bilateral sovereign wealth investments and their cooperation on major construction and infrastructural projects. The paper will then explain the absence of military security arrangements, but will also demonstrate how several other measures are being taken to create stronger non-economic bonds. Finally, a number of future collaborations will be discussed: for the most part these are not only innovative, but also highly symbolic of a more interdependent relationship.

Suggested Citation

  • Davidson, Christopher, 2010. "Persian Gulf – Pacific Asia linkages in the 21st century: a marriage of convenience?," LSE Research Online Documents on Economics 55250, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:55250
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    Cited by:

    1. Mohd Fauzi Abu–Hussin & Asmady Idris & Mohd Afandi Salleh, 2018. "Malaysia’s Relations with Saudi Arabia and Iran: Juggling the Interests," Contemporary Review of the Middle East, , vol. 5(1), pages 46-64, March.
    2. Hertog, Steffen, 2017. "A quest for significance: Gulf oil monarchies' international 'soft power' strategies and their local urban dimensions," LSE Research Online Documents on Economics 69883, London School of Economics and Political Science, LSE Library.

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    JEL classification:

    • H0 - Public Economics - - General

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