The geopolitical dynamics of Asia-Europe’s diplomatic economic relations in 21st century: opportunities and challenges for global cooperation
The Geopolitical Dynamics of Asia-Europe’s Diplomatic Economic Relations in 21st Century: Opportunities and Challenges for Global Cooperation
Abstract
Purpose: to identify key areas for strengthening cooperation between the two regions, Asia and Europe, while simultaneously examining the impact of historical heritage, differences in political systems, and technological shifts on the formation of these relations.
Method: historical analysis, discursive analysis, and thematic analysis of historical trajectories and contemporary examples.
Theoretical implications: The study extends neoliberal institutionalism by emphasizing the role of trust and multilateral frameworks in sustaining cooperation amid systemic asymmetries. It challenges realist assumptions that systemic differences (e.g., authoritarian vs. democratic governance) inherently hinder collaboration, demonstrating that mutual interests in climate action and economic stability can override ideological divides.
Practical implications: The research offers practical implications for policymakers by highlighting the importance of fostering trust and understanding between Asia and Europe for long-term collaboration. It emphasizes the need for joint efforts to address shared global challenges like climate change and promote sustainable and equitable global governance. The research also provides insights for businesses engaged in trade and investment between the two regions, emphasizing the importance of navigating geopolitical tensions and technological shifts.
Value: This paper innovatively integrates historical context (e.g., colonial legacies, Cold War alignments) with contemporary issues (e.g., digitalization, U.S.-China rivalry) to provide a holistic analysis of Asia-Europe relations, uniquely integrating geopolitical, economic, and socio-cultural dimensions.
Paper type: theoretical.
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