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The Insuring State

Japanese Oil Import Security and the Middle East

Bibliographic Data

ID6233312
AuthorsHayden Lesbirel (0000-0003-1704-036X, James Cook University, corresponding author), S Hayden Lesbirel
Year2013
Volume21
Issue1
Pages41-61
Publication date2013-04-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAsian Journal of Political Science (JOURNAL)
Journal identifiersISSN: 0218-5377 • E-ISSN: 1750-7812
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/02185377.2013.793560
OpenAlexW1980530281
LanguageEN
Citations received3
References cited31

This article investigates Japanese approaches to managing oil import security in the period 1970–2005 by developing a framework that integrates portfolio and inducement approaches to managing import security. It argues that Japan is an insuring state and, in the context of continuing asymmetric dependence, seeks to ensure its security not only through portfolio strategies that aim to reduce systemic and specific risks, but also through political and economic inducements that reinforce those portfolio strategies. Empirical evidence suggests that these strategies have enhanced Japan's insurance cover against oil unanticipated supply disruptions and has enhanced its relative security over the period. The Japanese case suggests the importance of exploring portfolio strategies and structures as power in addition to other forms of non-military power, such as economic aid and diplomacy, in understanding international economic security

Business · Context (archaeology · Diplomacy · Economic system · Economics · Energy security · International trade · Middle East · Oil supply · Political science · Politics · Portfolio · State (computer science · Global Energy Security and Policy · International Development and Aid · Natural Resources and Economic Development · Finance

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Unique citing works3
Citations per year0,38
Citation span2018 - 2024 (7)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 3

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