Global Britain Goes to Southeast Asia: Investment Flows in an Era of Great Power Competition

Written by Guanie Lim and Xu Chengwei. In March 2021, the UK government published the ‘Global Britain in a Competitive Age’ report. Amongst other things, it sets out the UK’s four key objectives: upholding an international order supportive of liberal democratic values; contributing to the security of this order; building greater global resilience to the impacts of climate change, health insecurity, and related challenges; and pursuing an international economic agenda that strengthens the UK’s global competitiveness and supports the welfare of its citizens. One of the most practical measures to achieve such goals is to channel foreign direct investment (FDI) to outward-oriented economies, not least those with potentially enormous upside. Boasting the fifth-largest economic output in the world and a very favourable demography, the Association of Southeast Asian Nations (ASEAN) must figure prominently in the calculus of UK policymakers.

Taiwan Must Work with Indonesia to Combat Risks of Human Trafficking for Migrant Workers

Written by Bonny Ling. Since late-July 2020, a diplomatic row has embroiled the governments of Indonesia and Taiwan over who in principle should pay the cost of recruitment for low-skilled workers seeking jobs abroad. To date, the industry norm is that low-skilled migrant workers pay these fees of recruitment or placement to labour brokers in their home country, months before they begin their work and see their first pay. In order to secure a job abroad, many borrow heavily to pay for these recruitment costs upfront.

How Taiwan Wins the Hearts of Southeast Asian States

Written by Ratih Kabinawa and Jie Chen. President Lee Teng-hui transformed ROC Taiwan’s foreign policy from a rigid “man and bandits don’t co-exist” mindset, a dictum which defined the Chiangs’ era, to one focusing on pragmatic diplomacy. This stance emphasised flexible ways to promote Taiwan’s international standing as its own legitimate sovereign state. President Lee used Taiwan’s achievement as a new democracy with impressive economic and technological prowess to win fresh international sympathy and support.

Beyond Economics: The Value and Meaning of the New Southbound Policy

Written by Dr. Alan H. Yang and Tung Cheng-Chia. Great power competition between the United States and China has intensified under the backdrop of the Covid-19 pandemic. Whether in the World Health Organization or the United Nations, this intensification is compelling states to reorient their political alignment. Taiwan needs to reflect on and strategically reposition itself in this geopolitical tug-of-war. A top priority for the island-nation is to strengthen its links and influence in Asia.