Political economy – Page 8

Hard Cash or Soft Values? Assessing the ‘Lithuanian Model’ of Eastern European Relations with China and Taiwan

22 April 2022

Written by Dominika Remžová. Over the last year and a half, Lithuania has been at the forefront of the EU’s improving relations with Taiwan and worsening relations with China. This culminated with Lithuania leaving the 17+1 framework of cooperation between China and 17 (now 16) eastern European countries on the one hand and the opening of the Taiwanese Representative Office in Vilnius on the other. The two events occurred in May and November 2021, respectively, with the latter being particularly controversial, as China argued that the denomination ‘Taiwanese’ breached the EU’s One China policy, which led to the imposition of Chinese economic sanctions on Lithuanian products. However, as Lithuania’s economic relations with China are negligible, at least when compared to western European countries, Beijing made the unprecedented move of targeting EU-wide supply chains that contain Lithuanian products. This effectively escalated the bilateral disagreement to the EU level, with the bloc filing a WTO case against China.

What Does the Ukraine Crisis Tell Us About the Fate of Taiwan?

5 April 2022 Adrian Chiu

Written by Raian Hossain. The Russian invasion of Ukraine raises a serious concern over international peace, security, and stability. This led to numerous debates among analysts, academics, and journalists over the possibility of Beijing’s aggregation toward Taipei. There are good reasons why such concerns are in discussion. Chinese fighters’ incursion of Taiwan’s Air Defence Zone has become a regular practice in recent times. Hence, these lead toward analysing the possibility of the Peoples Republic of China (PRC) invasion of the Republic of China (ROC), often known as Taiwan, using the lens of security, political economy, and diplomacy.

A Reflection on the UK’s Parliamentary Reaffirmation to Bolster Economic, Security & Develop Strategic Ties with Taiwan

1 March 2022 Adrian Chiu

Written by Raian Hossain. Most importantly, the debate at the House of Commons has highlighted a strong unity among different political parties’ parliamentarians in bolstering ties with Taiwan in all possible ways, be it economic, helping the island in international recognition, along with ensuring peace, security, and stability across the Taiwan Strait region. The cross-party unity approach ensures much more robust ties between UK-Taiwan in the upcoming days despite which party forms government in London in future.

Comparing space industry interventions in Taiwan and elsewhere

2 November 2021 Editor

Written by Nicholas Borroz. Taiwan’s government intervenes to develop its space industry. It is one of several political economies characterised by solid government intervention approaches to guide market actor behaviour. This robust interventionist approach has different strengths and weaknesses. In terms of strengths, Taiwan’s approach can help establish local dominance in niches in global value chains. In addition, it can incentivise the growth of certain business areas that will benefit the economy and coordinate the development of complementary business areas.

A Tale of Two Cities: Taiwan’s Social Housing Policy Practice in Taipei and Taoyuan City, 2014-2018

23 June 2021 Editor

Written by Chris Chih-Hua Tseng. Taipei has spawned some policy innovations. Meanwhile, in Taoyuan, an adjacent developing city that has built massive amounts of social housing, none of the above happened. Instead, the city government proudly announced it had built social housing the fastest. Why has social housing developped much more sluggishly in the capital than it has in Taoyuan? To answer the differences between these two cities, we need to expand our scope to broader urban politics and urban developmental processes.

How to Promote the Long-Term Success of Semiconductor Industry in Taiwan and Other Economies

11 February 2021 Editor

Written by Bo-Yi Lee. Taiwan’s semiconductor industry has recently attracted attention from foreign governments and media due to the shortage of chips essential for carmakers. Besides, with the growing demand for advanced technologies, including artificial intelligence (AI), fifth-generation (5G) communication, electric vehicles, etc., Taiwan’s semiconductor industry’s strategic importance cannot be over-emphasized. For these Taiwanese firms in this critical supply chain, it is necessary to prioritize and strategize attracting, retaining, and developing talents, since this is a capital and a knowledge-intensive industry.

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