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Research on the Relations and Rules between Sensitivity and Vulnerability in International Cooperation——Quantitive Analysis of the Sino-ASEAN Trade Data |
ZHANG Yan |
Guangdong Polytechnic Normal University, Guangzhou 510665, China |
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Abstract International Economy Interdependence (IEI) has been an important research topic of international cooperation. Keohane and Nye have constructed Neoliberal Institutionalism and pushed the theory of interdependence to the peak, by using the concepts of sensitivity and vulnerability. However, later scholars have less studied on sensitivity and vulnerability. In fact, there is certain link between sensitivity and vulnerability. We can make further understanding of the two concepts by introducting maintenance cost and exit cost, and then explore the relationship and rules between them. The two concepts will affect a countrys strategic decisions, and ultimately the development of the bilateral economic interdependence. This research has some help to analyze and understand the relations of the Sino-ASEAN economic interdependence, and can bring some enlightenment for the future development of the bilateral relations.
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