Taiwan and East Asian regionalism

Article Highlights

  • Two recent FTAs pose immediate challenges to Taiwan firms: EU-Korea and US-Korea

    Tweet This

  • Even with substantial economic benefits of ECFA, #Taiwan will experience negative impacts as East Asian integration proceeds

    Tweet This

  • Taiwan's first priority should be negotiating and signing FTAs with its major trading partners in East Asia

    Tweet This

Taiwan and East Asian regionalism

Download PDF

This paper was prepared for Taiwan’s Future in the Asian Century: Toward a Strong, Prosperous and Enduring Democracy Conference, American Enterprise Institute, Washington, DC, November 10, 2011.

The goal of this paper is to describe Taiwan's place in the global economy and to analyze the impact of growing East Asian regional trade and investment initiatives such as the ASEAN Plus Three Agreement (APT) and the Trans-Pacific Partnership Agreement (TPP) on Taiwan's economy. The first section of the paper presents a brief snapshot of the Taiwanese economy and Taiwan's place in world trade and global supply chains. Subsequent sections describe major development in East Asian integration over the past decade: the large increase in the number of bilateral free trade agreements; the push for greater intra-Asian trade integration through the APT and other configurations; and, finally, the alternative path for trans-Pacific regionalism, as evidenced by the TPP.  The final section lays out a set of options for Taiwan given the dangers of trade-destroying discrimination and isolation through exclusion from future East Asian regional economic institutions.

Claude Barfield is a resident scholar at AEI

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Claude
Barfield

What's new on AEI

AEI Election Watch 2014: What will happen and why it matters
image A nation divided by marriage
image Teaching reform
image Socialist party pushing $20 minimum wage defends $13-an-hour job listing
AEI on Facebook
Events Calendar
  • 20
    MON
  • 21
    TUE
  • 22
    WED
  • 23
    THU
  • 24
    FRI
Monday, October 20, 2014 | 2:00 p.m. – 3:30 p.m.
Warfare beneath the waves: The undersea domain in Asia

We welcome you to join us for a panel discussion of the undersea military competition occurring in Asia and what it means for the United States and its allies.

Tuesday, October 21, 2014 | 8:30 a.m. – 10:00 a.m.
AEI Election Watch 2014: What will happen and why it matters

AEI’s Election Watch is back! Please join us for two sessions of the longest-running election program in Washington, DC. 

Wednesday, October 22, 2014 | 1:00 p.m. – 2:30 p.m.
What now for the Common Core?

We welcome you to join us at AEI for a discussion of what’s next for the Common Core.

Event Registration is Closed
Thursday, October 23, 2014 | 10:00 a.m. – 11:00 a.m.
Brazil’s presidential election: Real challenges, real choices

Please join AEI for a discussion examining each candidate’s platform and prospects for victory and the impact that a possible shift toward free-market policies in Brazil might have on South America as a whole.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.