"Deepening economic ties across the Taiwan Strait are widely believed by analysts and scholars to be a stabilizing force in cross-Strait political relations. Yet within the broader international relations literature, the relationship between economic interdependence and military conflict continues to be controversial. This article examines the impact of growing cross-Strait economic links on the likelihood of cross-Strait military conflict within the context of this broader literature. A description of three separate causal mechanisms--identified in the existing literature--through which economic ties could promote peace is followed by a discussion of how broadly these processes are operating in the Taiwan Strait case. Although the article does not rule out the possibility that economic integration across the Strait makes a military confrontation less likely, it shows that the evidence in support of such a proposition is ambiguous."--Abstract on item.

Despite their controversial political relationship, Taiwan and China remain very much entwined economically. This timely volume explores the complicated state of economic and trade relations between the two countries, meticulously unraveling the issue's various threads and presenting an authoritative breakdown of a complex and fascinating economic linkage. Armed with up-to-date original research, contributors offer expert analyses on a variety of issues relating to economic integration between Taiwan and China. These include trade agreements, foreign direct investment, outsourcing of manufacturing and migration of industry, integration of banking and financial markets, and the recent shift toward a more integrated economy with Greater China. The considerable political tension between the two countries is also discussed, as are the economic relationships with neighboring East Asian countries such as Japan and others. In the final chapter, editor Peter C.Y. Chow discusses Taiwan's policy options for the future and offers his expert recommendations for speeding Taiwan's achievement of globalization and widening its ultimate political choices. Professors and students of global economics and East Asian studies will no doubt find this a fresh and invaluable contribution to the literature.

This book examines when and how international commerce can come to flourish in the presence of international political tensions and rivalry, and focuses in particular on the relationship across the Taiwan Strait.

As tensions continue to rise between the People’s Republic of China and Taiwan, numerous analysts and officials have warned of a growing risk of military conflict, which could potentially draw in the United States. How worried should we be about a war in the Taiwan Strait? Scott L. Kastner offers a comprehensive analytical account of PRC-Taiwan relations that sheds new light on the prospects for cross-strait military conflict. He examines several key regional trends that have complex implications for stability, including deepening economic integration, the shifting balance of military power, uncertainty about the future of U.S. commitment, and domestic political changes in both the PRC and Taiwan. Kastner argues that the risks of conflict are real but should not be exaggerated. Several distinct pathways could lead to the breakout of hostilities, and the mechanisms that might allay one type of conflict do not necessarily apply to others—yet war is anything but inevitable. Although changes to the balance of power introduce risks, powerful mitigating factors remain in place and there are plausible steps to reduce the likelihood of military conflict. Drawing on both international relations theory and close empirical analysis of regional trends, this book provides vital perspective on how a war in the Taiwan Strait could occur—and how one could be avoided.

Explains the complex and paradoxical process of economic integration and political divergence in current relations between Taiwan and mainland China. It analyzes the dynamics of economic statecraft on both sides and the conflicts between state objectives and business interests in the context of globalization and regional economic integration.

" How globalized information networks can be used for strategic advantage Until recently, globalization was viewed, on balance, as an inherently good thing that would benefit people and societies nearly everywhere.Now there is growing concern that some countries will use their position in globalized networks to gain undue influence over other societies through their dominance of information and financial networks, a concept known as “weaponized interdependence.” In exploring the conditions under which China, Russia, and the United States might be expected to weaponize control of information and manipulate the global economy, the contributors to this volume challenge scholars and practitioners to think differently about foreign economic policy, national security, and statecraft for the twenty-first century. The book addresses such questions as: What areas of the global economy are most vulnerable to unilateral control of informationand financial networks? How sustainable is the use of weaponized interdependence? What are the possible responses from targeted actors? And how sustainable is the open global economy if weaponized interdependence becomes a default tool for managing international relations? "

Evaluates key aspects of the China-Taiwan military balance, including: how are the political dynamics of the cross-strait relationship changing, and how could those changes affect perceptions of the military balance? How effective might China's growing force of short-range ballistic missiles be in attacking key military targets on Taiwan, such as air bases? How have changes in Chinese military capabilities changed the likely outcome of a possible contest for air superiority over the strait and Taiwan itself? How can Taiwan be successfully defended against a Chinese invasion attempt?