Economic Management in Taiwan and Mainland China: Why and How They Have Been Politicized
AbstractThis paper investigates the causes and consequences of politicized economic management in the cross strait. The first half of the paper briefly reviews the cross-strait political and economic environment. The passage of the anti-secession law by Mainland China in March 2005 marked a new high in the political tension in the cross strait. From the economic standpoint, cross-strait relation has registered a more positive outlook. But this is merely on the surface. As the second half of the paper shows, politicians from both sides are still exerting much influence on how firms are to conduct their business with their counterparts. Hence, economics are highly politicized. The result is destructive. Firms face a high degree of vulnerability and uncertainty in the conduct of their business because political tension makes it difficult for them to make economic decisions independent of politics. As long as political differences remain unresolved, it would not be easy for full economic integration between Taiwan and the Mainland. Military confrontations cannot be ruled out in spite of greater economic integration when future economic outlook between the two economies remains uncertain.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Global Economic Review.
Volume (Year): 36 (2007)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RGER20
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.