Abstract
The trade war between the United States and China has created a geopolitical condition that affects investment opportunities in the tourism sector, especially for countries in the Southeast Asian region. Indonesia, Malaysia, and Thailand have an excellent opportunity to take advantage of these opportunities to develop sustainable tourism and strengthen the position of tourism MSMEs in the economy. The objectives of this study include two essential points. First, this study aims to identify the geopolitical impact of the US-China trade war on the security practices of sustainable tourism investment in small islands, primarily through the role of tourism MSMEs in Indonesia, Malaysia, and Thailand. Second, this study aims to analyze a relevant strategy model for developing investment in the maritime and coastal tourism sector in Indonesia, Malaysia, and Thailand by utilizing investment and security dynamics directly connected to global geopolitical conditions. The research gap in this study is the lack of literature discussing the geopolitical approach in identifying tourism investment security between Indonesia, Thailand, and Malaysia, which allows for strengthening the benefits of the tourism sector for the economy of each country. The novelty in this study shows that the US-China trade war dramatically influences the current global geopolitical conditions. Still, the three countries remain at minimal investment risk to attract foreign investors, especially in the tourism sector, which is increasingly becoming a priority of development in Indonesia, Malaysia, and Thailand.
Presenters
Seniwati SeniwatiLecturer, International Relations, Hasanuddin University, Sulawesi Selatan, Indonesia
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
TOURISM, GEOPOLITICAL, SOUTHEAST ASIAN, INVESTMENT SECURITY, MARITIME
