Skip to main content

2013 | OriginalPaper | Buchkapitel

4. Conclusion and Future Directions

verfasst von : Joe Thomas Karackattu

Erschienen in: The Economic Partnership Between India and Taiwan in a Post-ECFA Ecosystem

Verlag: Springer India

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

CIER acknowledges the mutual complementarity of closer economic partnership with India based on movement of manufacturing to India (generation of jobs, development of industry and technology transfer and sharing of Taiwan’s SME development experience), and likewise for Taiwan to benefit from the Indian market (India as an overseas base and also for risk diversification). As early as April 2010, Taiwan’s premier Wu Den-yih reportedly instructed his Cabinet that Taiwan should invest more in India to ‘manage and diversify risk’ in China (Patil 2010). Even as a joint set of recommendations towards the most suitable “preferential arrangement” between India and Taiwan is worked out (if not an FTA outright), the areas identified in this study—manufacturing (electronics and IT) and services (tourism and education) should propel any joint arrangement at the official level. The need for “signature collaboration” that resides in the manufacturing sector and the familiarization that people-to-people contacts offer towards trade facilitation needs to be pursued.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Fußnoten
1
Cited in Simhan 2011.
 
2
Based on the author’s interview.
 
3
Even a minimal one per cent diversification out of China is estimated at Rs. 13,000 crore flowing to India.
 
4
Led by Christina Liu, Minister of the Council for Economic Planning and Development (CEPD), February 2011 saw the largest and highest-level mission from Taiwan including around 100 business people with investment seminars in New Delhi, Mumbai, and Ahmedabad involving industry interaction (Taiwan New Economy Newsletter 2011, p. 7). More recently, three separate delegations from Taiwan visited India in September 2012 (totaling 75 members, the representation comprised the Deputy Minister of Economic Affairs Cho Shih-chao and his delegation, another organized by the Ministry of Economic Affairs Department of Investment Services, and a third group organized by the Taiwan Electrical and Electronic Manufacturers’ Association)—all aimed at promoting investment and trade [5].
 
6
The product offering is considered competitive both due to the pricing challenge to Japanese companies and the loaded features such as front-fuelling, central locking, anti-theft magnetic key, mobile phone charging, crash resistant mirrors and a 22 L under-seat storage. See “Kinetic-SYM on a ‘Flyte’, http://​articles.​timesofindia.​indiatimes.​com/​2007-12-19/​india-business/​27975701_​1_​italjet-flyte-kinetic-sym.
 
8
An “arribada” is when hundreds of turtles come up onto the beach to lay their eggs over a 4–6 day period. This is a predator prey saturation tactic that is used to allow the success of their young. The usage in the context of Taiwanese interest in India is to stress on the need to be persistent in pursuing mutuality of interests and thus, overcoming the drawbacks.
 
9
Battle of Kuningtou (1949), the Battle of Dengbu Island (1949), the Landing Operation on Hainan Island (1950), the Battle of Dadan Island (1950), the Battle of Yijiangshan Islands (1955), the January 1955 PRC assault on the minor offshore island of Dachen, the August 1958 PRC bombardment of Quemoy, and the Cold war period of using “hostile strategies” against each other for about 30 years (Zhang et al 2003; Li 2009, p. 4).
 
10
While the KMT insists that the “1992 consensus” is the foundation for improved Cross-Strait relations, the DPP contests the concept as not being derived from any consensus in Taiwan itself on the matter (and hence the need for a Taiwan consensus first).
 
Literatur
Zurück zum Zitat Chen K-M, Tsai M-C, Lin C-C, Tu C-h (2009) Impact of cross-strait trade liberalization: a computable general equilibrium analysis. China World Econ 17(6):106–122 Chen K-M, Tsai M-C, Lin C-C, Tu C-h (2009) Impact of cross-strait trade liberalization: a computable general equilibrium analysis. China World Econ 17(6):106–122
Zurück zum Zitat Chen HN (2011) Political economy of cross-straitcross-strait investments: the Taiwanese high-tech industry as an example. Seoul J Econ 24(2):171–195 Chen HN (2011) Political economy of cross-straitcross-strait investments: the Taiwanese high-tech industry as an example. Seoul J Econ 24(2):171–195
Zurück zum Zitat Copeland Dale C (1996) Economic interdependence and war: a theory of trade expectations. Int Secur 20(4):5–41 (Spring) Copeland Dale C (1996) Economic interdependence and war: a theory of trade expectations. Int Secur 20(4):5–41 (Spring)
Zurück zum Zitat Doyle Michael W (1997) Ways of war and peace: realism, liberalism, and socialism. Norton, New York Doyle Michael W (1997) Ways of war and peace: realism, liberalism, and socialism. Norton, New York
Zurück zum Zitat Gartzke E (2007) The capitalist peace. Am J Political Sci 51(1):166–191CrossRef Gartzke E (2007) The capitalist peace. Am J Political Sci 51(1):166–191CrossRef
Zurück zum Zitat Morrow James D (2003) Assessing the role of trade as a source of costly signals. In: Mansfield ED, Pollins B (eds), Economic interdependence and international conflict, University of Michigan Press, Ann Arbor, pp 89–95 Morrow James D (2003) Assessing the role of trade as a source of costly signals. In: Mansfield ED, Pollins B (eds), Economic interdependence and international conflict, University of Michigan Press, Ann Arbor, pp 89–95
Zurück zum Zitat Reed W (2003) Information and economic interdependence. J Conflict Resolut 47(1):54–71CrossRef Reed W (2003) Information and economic interdependence. J Conflict Resolut 47(1):54–71CrossRef
Zurück zum Zitat Sam C-Y (2007) Economic management in Taiwan and Mainland China: Why and how they have been politicized. Glob Econ Rev 36(1):69-87 Sam C-Y (2007) Economic management in Taiwan and Mainland China: Why and how they have been politicized. Glob Econ Rev 36(1):69-87
Zurück zum Zitat Taiwan New Economy Newsletter, March 2011 No.122, Center for Economic Deregulation and Innovation, CEPD, Executive Yuan Taiwan New Economy Newsletter, March 2011 No.122, Center for Economic Deregulation and Innovation, CEPD, Executive Yuan
Zurück zum Zitat Wang J-C (2010) The strategies adopted by Taiwan in response to the global financial crisis, and Taiwan’s role in Asia-Pacific economic integration. Japan and the World Econ 22(44):254–263 Wang J-C (2010) The strategies adopted by Taiwan in response to the global financial crisis, and Taiwan’s role in Asia-Pacific economic integration. Japan and the World Econ 22(44):254–263
Zurück zum Zitat Zhang Z, Xu X, Zhang W-B (2003) The dynamics of political and economic interactions between mainland China and Taiwan. Pap Reg Sci 82(3):373–388 (Springer) Zhang Z, Xu X, Zhang W-B (2003) The dynamics of political and economic interactions between mainland China and Taiwan. Pap Reg Sci 82(3):373–388 (Springer)
Metadaten
Titel
Conclusion and Future Directions
verfasst von
Joe Thomas Karackattu
Copyright-Jahr
2013
Verlag
Springer India
DOI
https://doi.org/10.1007/978-81-322-1278-2_4

Premium Partner