Taiwan and the new regional political economy of East Asia

China Quarterly

Volumn , Issue 182, 2005, Pages 385-406

  Dent, Christopher M ^a  

^a UNIVERSITY OF LEEDS   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

FREE TRADE; POLITICAL ECONOMY; REGIONAL TRADE; TRADE RELATIONS;

ASIA; EASTERN HEMISPHERE; EURASIA; FAR EAST; TAIWAN; WORLD;

EID: 22144477235     PISSN: 03057410     EISSN: None     Source Type: Journal    
DOI: 10.1017/S030574100500024X     Document Type: Article

References (49)

1. Namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines. Singapore, Thailand and Vietnam.
2. S. Strange, States and Markets (London: Pinter, 1994).
3. R. Gilpin, Global Political Economy: Understanding the International Economic Order (Princeton: Princeton University Press, 2001);
4. R. Palan (ed.), Global Political Economy: Contemporary Theories (London: Routledge, 2000).
5. See M. Selden, "China, Japan and the regional political economy of East Asia, 1945-1995," in P. Katzenstein and T. Shiraishi, Network Power: Japan and Asia (Ithaca: Cornell University Press, 1996). for a rare use of regional political economy as an analytical referent for Studying East Asia. There is, however, a great deal of work done mainly by economic geographers on regional political economy at the sub-national level of analysis.
6. These are manifestations of what we later refer to as "interactive factors" of RPE analysis.
7. T. Terada, "Constructing an East Asian concept and growing regional identity: from EAEC to ASEAN + 3," The Pacific Review, Vol. 16, No. 2 (2003), pp. 251-277.
8. Ibid.;
9. R. Stubbs, "ASEAN plus three: emerging East Asian regionalism?" Asian Survey, Vol. 42, No. 3 (2002), pp. 440-455.
10. D. Rapkin, "The US, Japan, and the power to block: the APEC and AFM cases," The Pacific Review, Vol. 14, No. 3 (2001), pp. 373-410.
11. S. Chalongphob, "East Asian financial co-operation: an assessment of the rationale." paper presented at the East Asian Cooperation conference, Institute of Asia Pacific. Studies/Centre for APEC & East Asian Cooperation, Chinese Academy of Social Sciences. Beijing, 22-23 August 2002.
12. Asian Development Bank, Monetary and Financial Integiation in East Asia: The Way Ahead (Basingstoke: Macmillan, 2004);
13. C. R. Henning, East Asian Financial Co-operation (Washington, DC: Institute for International Economics, 2002).
14. For example, many APT countries were considering a reversion back to pegged currency systems. Business Times (Singapore), 2 March 2004.
15. The EMEAP group was first established in 1991 at the initiative of the Bank of Japan. Its membership comprises the central banks from Australia, China, Hong Kong, Indonesia, Japan, South Korea. Malaysia, New Zealand, the Philippines, Singapore and Thailand.
16. INQ7 News (Philippines), 31 October 2003.
17. International Herald Tribune, 27 November 2000.
18. C. M. Dent, "Networking the region? The emergence and impact of Asia-Pacific bilateral free trade agreement projects." The Pacific Review, Vol. 16, No. 1 (2003), pp. 1-28;
19. W. Dobson, "Deeper integration in East Asia: regional institutions and the international economic system," The World Economy, Vol. 24, No. 8 (2001), pp. 995-1018;
20. P.Lleyd, "New bilateralism in the Asia-Pacific, The World Economy, Vol. 25, No. 9 (2002) pp. 1279-96;
21. J. Ravenhill, "The new bilateralism in the Asia-Pacific," Third World Quarterly, Vol. 24, No. 3 (2003), pp. 299-318.
22. This last group comprises ASEAN, Japan-Singapore, China-ASEAN, China-Hong Kong SAR and China-Macau SAR.
23. Taiwan Economic News, 14 November 2001.
24. Taiwan Central News Agency, 9 November 2001.
25. Taiwan Economic News, 14 November 2001.
26. Research interviews, Taipei. March 2003.
27. Straits Times, 19 March 2002.
28. Research interviews, Taipei. March 2003.
29. Taiwan News, 15 November 2002.
30. Taiwan Economic News, 30 June 2003.
31. Some private sector feasibility studies on a Japan-Taiwan FTA have since been conducted but their activities have not generated much public interest.
32. Research Interviews, Taipei, March 2003.
33. Taipei Times, 17 October 2003.
34. For example, Economics Minister Lin Yi-fu stated in November 2002 that Taiwan had made substantial progress concerning FTA discussions with quite a few countries, but he declined to reveal the names of these nations (Taiwan News, 6 November 2002).
35. Low key talks with Japan, the Philippines and the US on FTA-related matters were apparently being conducted into early 2005 (research interview with Taiwanese official, November 2004).
36. Between China and older ASEAN members (Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand) by 2010, and between China and newer ASEAN members (Cambodia, Laos, Myanmar and Vietnam) by 2015.
37. Japan Times, 5 November 2002.
38. Taipei Times, 14 November 2003.
39. Bilateral trade at $59bn by 2003, Taiwan investment in PRC at a cumulative $73bn.
40. By 2004, trade restrictions still applied to around 20% of product lines, and investment restrictions applied to around 5% of industrial products. A number of trade and investment restrictions also applied to many service industry sectors.
41. C. Yang and S. W. Hung, "Taiwan's dilemma across the Strait: lifting the ban on semiconductor investment in China," Asian Survey, Vol. 43, No. 4 (2003), pp. 681-696.
42. C. M. Chao, "Will economic integration between mainland China and Taiwan lead to a congenial political culture?" Asian Survey, Vol. 43, No. 2 (2003), pp. 280-304;
43. Z. Zhang, X. Xu and W. B. Zhang, "The dynamics of political and economic interactions between mainland China and Taiwan." Papers in Regional Science, Vol. 82 (2003), pp. 373-388.
44. J. Skanderup, "Taiwan's cross-Strait economic strategy and the WTO," in CSIS Pacific Forum, Issues & Insights, Paper 04-01 (Washington. DC: CSIS Pacific Forum, 2004), p. 24.
45. Taipei Times, 14 October 2003.
46. I b i d.
47. Most bilateral trade-related agreements Taiwan currently has are double taxation agreements.
48. Japan Times, 14 October 2002.
49. Dent, "Networking the region?"