Abstract
Power relations between Japan and China are significant for the development of APT financial regionalism. In addition to power relations between major countries in East Asia, the development of regionalism in the region has been more or less influenced by bilateral relations. Bilateral ties among APT member countries remain essential in developing national responses to regional arrangements. Indonesian financial authorities have maintained bilateral ties with both Japanese and Chinese regulatory agencies, while also still collaborating on a regional basis. In this chapter, these mixed connections are understood to have developed the proximity, and shape the dynamics, of the political economy interactions and perceptions of Indonesian actors towards their Japanese and Chinese colleagues, which influenced Indonesia’s responses towards the progress of APT financial cooperation.
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Saputro, E. (2017). Power Relations, Bilateral Ties and Indonesia’s Responses. In: Indonesia and ASEAN Plus Three Financial Cooperation. Palgrave, Singapore. https://doi.org/10.1007/978-981-10-3029-1_5
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