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Australia: Trading with the Dragon, But Flying with the Eagle

  • Enrico Fels
Chapter
Part of the Global Power Shift book series (GLOBAL)

Abstract

Among the six countries identified by cluster analysis as being middle powers in Asia-Pacific, Australia was the country that consistently gained the highest relative ranking from 1992 to 2012. Moreover, as Table  6.3 showed, Australia was one of only two countries (the other being Japan) that were consistently identified by k-means clustering as middle powers in Asia-Pacific from 1992 to 2012. Additionally, when looking at the three criteria for middle powers set out in Chap.  4 (sufficient control over resources, exercising responsibility in regional affairs and military self-sufficiency), Australia seems to be—as I have already argued elsewhere—a middle power par excellence.

Keywords

Foreign Direct Investment Foreign Policy Bilateral Relation Foreign Direct Investment Stock Security Cooperation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer International Publishing Switzerland 2017

Authors and Affiliations

  • Enrico Fels
    • 1
  1. 1.Center for Global StudiesUniversity of BonnBonnGermany

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