Tag: resource economics

What are the implications of the Award in the Philippines v. China arbitration case for fishing and the exploitation of living resources?

Although the Award clarifies littoral states’ rights and entitlements under UNCLOS regarding fishing and the exploitation of living resources in certain areas of the South China Sea, there remains controversy as China and Taiwan have indicated that the Award has no legal effect on their rights, entitlements, and activities in the maritime area. This disagreement and lack of resolution of the issue raises the possibility of three scenarios – two positive and one negative – emerging.

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Time to Revive the Joint Marine Seismic Undertaking in the South China Sea?

Issue Briefings, 15 · 2016

A decade ago, China and the Philippines demonstrated that they had the resolve to cooperate on joint exploration projects, but nationalist outcry in the Philippines derailed these efforts. Now that the Philippines v. China arbitration case has concluded, reviving the Joint Marine Seismic Undertaking (JMSU) or a similar program may once again offer a win-win solution.

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Taiwan’s Energy Dependence and the Securitization of SLOCs

Issue Briefings, 6 · 2015

Almost entirely dependent on imported energy resources, the securitization of sea lines of communication in the South China Sea is a critical aspect of Taiwan’s energy security.

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Assessing China’s Land Reclamation in the South China Sea

Issue Briefings, 4 · 2015

China’s unprecedented land reclamation projects have emerged as one of its key strategies in the South China Sea, yet evidence suggests that these efforts may not represent the country’s broader long-term interests.

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