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All Journal Jurnal Studi Diplomasi dan Keamanan Syntax Literate: Jurnal Ilmiah Indonesia JURNAL MUQODDIMAH : Jurnal Ilmu Sosial, Politik dan Hummaniora Indonesian Journal of International Relations Community Development Journal: Jurnal Pengabdian Masyarakat Jurnal Pengabdian kepada Masyarakat Nusantara Journal of Contemporary Governance and Public Policy Buletin Poltanesa Journal of Social Research Jurnal Keamanan Nasional Jurnal Hubungan Luar Negeri
Wiswayana, Wishnu Mahendra
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Journal : Indonesian Journal of International Relations

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MULTILEVEL HEDGING FOR MIDDLE-REGIONAL POWER: INDONESIA ASCENT TOWARD POWERHOOD THROUGH HEDGING Kusumadewi, Hemalia; Wiswayana, Wishnu Mahendra
Indonesian Journal of International Relations Vol 8 No 2 (2024): INDONESIAN JOURNAL OF INTERNATIONAL RELATIONS
Publisher : Indonesian Association for International Relations

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32787/ijir.v8i2.591

Abstract

The aim of this research is to understand how a middle-regional power, such as Indonesia, uses hedging to serve its interests and to address the lack of literature on Indonesian power and hedging. This research applies the concepts of ‘multilevel hedging’ and ‘hedging behavior’, along with a literature review method, to comprehend Indonesia's status and its hedging strategy and motives. The findings of this research indicate that hedging is not only employed for insurance and risk mitigation, but also as a means to build power. It was observed that for Indonesia, hedging is a tool to both enhance and maintain power, aligning with one of the primary objectives of Indonesian foreign policy.
Co-Authors Akbar, Rafi Faishal Al-Ghifari, Muhammad Dzimar Ar-Rasyid, Teddy Putra Chairunnisa, Rizqi Shafira Dwi Novita, Avelia Evelyn Elnathan, Andrew Karman, Lalu Ladeva Alfusa'idu Kusumadewi, Hemalia Mujibur Rahman Khairul Muluk Novita, Asti Amelia Yunita, Primadiana