2008年11月12日
The Opportunities and Challenges of Closer Cross-Strait Economic and Trade Relations
Contents:
1. Introduction
2. Some Features of Cross-Strait Economic Relations
3. “Normalization” as Political Rhetoric, Trade Policy and Economic Statecraft
4. One Caveat: China’s Capital
5. Conclusion: “Good fences make good neighbors”
Abstract
One of the harsh challenges to Taiwan is to find ways to capitalize on the opportunities presented by China while addresses uncertainties brought by China, especially the Angst for loss of sovereignty. Namely, how to ensure Taiwan’s sovereignty and to effectively manage the cross-strait economic relations, particularly under the circumstance of increasing economic integration between both sides and Beijing’s refusal to recognize Taiwan as a negotiation entity, not to mention as a sovereign state.
The Taiwanese subjectivity awareness (台灣主體意識) would not only merit the fortification of our sovereignty but also provide the operational advantages for domestic political process and economic development.
The reasons why “normalization of cross-strait economic and trade relations” is one of the best strategies for Taiwan are discussed, mainly including for its own sake in terms of economic efficiency and to free itself from the shadow of China regarding economic statecraft. However, Taiwan should proceed with extreme caution over the preferential trade deals with China, not to mention propose them, given China is blockading Taiwan’s FTAs with other countries in general and the participation in East Asia’s regionalism in particular.
Another caveat of the normalization of cross-strait economic relations is regarding how to deal with “China’s capital”. The principle of due diligence procedures is suggested since most part of China’s outward FDI is controlled by Chinese government.
...繼續閱讀
1. Introduction
2. Some Features of Cross-Strait Economic Relations
3. “Normalization” as Political Rhetoric, Trade Policy and Economic Statecraft
4. One Caveat: China’s Capital
5. Conclusion: “Good fences make good neighbors”
Abstract
One of the harsh challenges to Taiwan is to find ways to capitalize on the opportunities presented by China while addresses uncertainties brought by China, especially the Angst for loss of sovereignty. Namely, how to ensure Taiwan’s sovereignty and to effectively manage the cross-strait economic relations, particularly under the circumstance of increasing economic integration between both sides and Beijing’s refusal to recognize Taiwan as a negotiation entity, not to mention as a sovereign state.
The Taiwanese subjectivity awareness (台灣主體意識) would not only merit the fortification of our sovereignty but also provide the operational advantages for domestic political process and economic development.
The reasons why “normalization of cross-strait economic and trade relations” is one of the best strategies for Taiwan are discussed, mainly including for its own sake in terms of economic efficiency and to free itself from the shadow of China regarding economic statecraft. However, Taiwan should proceed with extreme caution over the preferential trade deals with China, not to mention propose them, given China is blockading Taiwan’s FTAs with other countries in general and the participation in East Asia’s regionalism in particular.
Another caveat of the normalization of cross-strait economic relations is regarding how to deal with “China’s capital”. The principle of due diligence procedures is suggested since most part of China’s outward FDI is controlled by Chinese government.
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有人曾打趣說：為什麼金融很重要？因為常常會發生危機。至於列寧所說的金融是資本主義的「阿奇里斯後腳跟」（唯一的弱點），倒是一語道盡金融本身的風險特質與脆弱性。爆發於去年8月美國次級房貸、至今愈演愈烈的全球金融危機，第一回合才剛結束就逼得七大工業國家（中國也主動配合）聯手降息，截至目前歐美各國也已分別挹注至少兩兆五千億美金抒困或國有化部分問題金融機構，雖然效果如何仍在未定之天，但以其規模之大與牽涉層面之廣，可說自1930年代大蕭條以來所僅見。
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