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The partnership between India and Taiwan is situated in a virtual maze of complex political factors. Given the core issue of contestation of Taiwan’s political status in world affairs and India’s adherence to the “One China” policy, the relationship remains a fragile one for both partners. In recent years, Taiwan has signed the Cross-Strait Economic Cooperation Framework Agreement (ECFA) with Mainland China. Increasingly, its political and economic future (including its relationships with countries such as India) will continue to be linked with Mainland China. This book closely examines the partnership between India and Taiwan within the new post-ECFA setting that Taiwan finds itself in. It explicates the shifts and continuities in Taiwan’s economic relationship with Mainland China, discusses how partnership with India could become a crucial pivot of Taiwan’s foreign policy in the coming years, and argues why this partnership is vital for the “take-off ” of India’s own economic growth targets. The book identifies specific avenues for India and Taiwan to benefit from the economic growth success stories that they have come to represent over these years and outlines policy realignments that could allow India and Taiwan to best realize their mutuality of interests.
A study of how China’s changing economy may leave its rural communities in the dust and launch a political and economic disaster. As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern. China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere. In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike. Praise for Invisible China “Stunningly researched.” —TheEconomist, Best Books of the Year (UK) “Invisible China sounds a wake-up call.” —The Strategist “Not to be missed.” —Times Literary Supplement (UK) “[Invisible China] provides an extensive coverage of problems for China in the sphere of human capital development . . . the book is rich in content and is not constrained only to China, but provides important parallels with past and present developments in other countries.” —Journal of Chinese Political Science
China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, despite massive trade and investment flows, the boundary between the two is a serious flashpoint for potential conflict. But leaders in Beijing and Taipei have committed to normalize and deepen their economic intercourse and open a new post-Cold War era in their relationship. While the political significance of this gambit has captured attention worldwide, the scope of opening intended and the bilateral, regional, and global effects likely to ensue are as yet poorly understood. This volume attempts to remedy that uncertainty with careful modeling combined with a qualitative assessment of the implications of the cross-strait economic opening now agreed in an Economic Cooperation Framework Agreement (ECFA). The study explores the implications for Taiwan and China, for their neighbors, and for the United States if this undertaking is fully implemented by 2020.
Responds to current world events and offers 'a rich resource for initiating new conversations about potential futures for the trade regime'.
This book offers a diverse set of perspectives on the current state of Taiwan’s economy and international relations, equally considering the challenges and opportunities that could forge Taiwan’s future. Featuring a range of interdisciplinary approaches, this edited volume has been written by some of the leading scholars on Taiwan’s economy and international relations, as well as emerging scholars and writers with practical diplomatic, political, and civil society experience. Contributors cover themes from political economy and international relations to gender studies and civil society-led LGBT diplomacy. Readers will benefit from chapters outlining both the historical overview of Taiwan’s development and more recent developments, with several chapters offering focused case studies into Taiwan’s economy and international space. A balanced set of conclusions are reached, affording scope for both optimism and pessimism about Taiwan’s prospects. Taiwan's Economic and Diplomatic Challenges and Opportunities will appeal to students and scholars of international relations, economics, and Taiwan studies.