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Despite their controversial political relationship, Taiwan and China remain very much entwined economically. This timely volume explores the complicated state of economic and trade relations between the two countries, meticulously unraveling the issue's various threads and presenting an authoritative breakdown of a complex and fascinating economic linkage.Armed with up-to-date original research, contributors offer expert analyses on a variety of issues relating to economic integration between Taiwan and China. These include trade agreements, foreign direct investment, outsourcing of manufacturing and migration of industry, integration of banking and financial markets, and the recent shift toward a more integrated economy of Greater China. The considerable political tension between the two countries is also discussed, as are the economic relationships with neighboring East Asian countries such as Japan and others. In the final chapter, editor Peter C.Y. Chow discusses Taiwan's policy options for the future and offers his expert recommendations for speeding Taiwan's achievement of globalization and eventual political autonomy.Professors and students of global economics and East Asian studies will no doubt find this a fresh and invaluable contribution to the literature.
Edited by Peter C.Y. Chow, Professor of Economics, City College and Graduate Center, City University of New York, US
Contents:Preface Introduction 1. Cross-Strait Linkages: Historical Perspective and Empirical EvidenceRichard C.K. Burdekin, Yijing Shen and Hsin-hui I.H. Whited2. A Comparison between the CEPA and the ECFA Yun-Wing Sung3. Assessing the Impacts of the Integration of the ICT Investments of Taiwan and China upon Economic Growth in Taiwan Winston T. Lin4. Trends for Future Integration of Commercial Banking between Taiwan and China after the ECFAHong-Jen Abraham Lin5. Development and International Diversification Benefits of Equity Markets in China, Hong Kong, and TaiwanWan-Jiun Paul Chiou, Chun-Pin Hsu and Chin-Wen Huang6. Cross-border Mergers and Acquisitions by China in Taiwan 1997–2010Monica Yang7. Strategic Alliance between Japan and Taiwan on the Chinese Market: An Empirical Analysis of the IT IndustryChih-Ping Chen and Kai-Wen Hsieh 8. Global Production Networks and the Kunshan ICT Cluster: The Role of Taiwanese MNCs Tain-Jy Chen and Ying-Hua Ku9. Semiconductor Interconnectivity Across the Taiwan Strait: A Case Study ApproachMing-chin Monique Chu10. The Emerging Trade Bloc Across the Taiwan Strait in Regional and Global Perspective Peter C.Y. ChowIndex
Peter C. Y. Chow, Mitchell H. Kellman, Associate Professor of Economics) Chow, Peter C. Y. (Associate Professor of Economics, both at City College of New York) Kellman, Mitchell H. (Professor of Economics, Professor of Economics