Abstract
Some scholars argue that soft balancing is a typical state behavior against the hegemon under unipolarity. Others contend that soft balancing against the hegemon is ineffective. We challenge both arguments and suggest that soft balancing is not only a product of specific configurations of the power distribution in the system, unipolarity, but also a rational behavior under another condition, economic dependence. We argue that the interplay between power disparity and economic dependence shapes a state’s decision in choosing different balancing strategies. The higher the power disparity and economic dependence, the more likely a state chooses soft balancing to pursue its security. Using U.S. policy toward China after the Cold War as a crucial test, we suggest that the huge power gap and increasing economic interdependence between the United States and China shape U.S. soft balancing rather than hard balancing toward China. We conclude that future U.S.-China relations depend on whether the United States declines as a result of China’s rise and on the degree of economic interdependence between the two countries.
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