Book contents
- Frontmatter
- Contents
- Acknowledgements
- Contributors to this Volume
- Acronyms and Abbreviations
- Foreword
- Introduction
- 1 Who are We? Identity in Transition
- 2 Taiwan: Yearning for an Identity
- 3 The Implications of Direct Flights: Beijing in Taiwanese Politics
- 4 Kuomintang, Democratization and the One-China Principle
- 5 The Deepening and Consolidation of Democracy in Taiwan
- 6 India and Taiwan: Bolstering Complementarity in Information Technology
- 7 Asian Regional Economic Integration and Taiwan–India Economic Relations
- 8 The Taiwan Factor in Sino–Indian Relations
- 9 Japan's Triumphant Diplomacy in Taiwan in 1874
- 10 A Study of the Cultural and Educational Exchanges between Taiwan and India, 1995–2006
- 11 Between Two Worlds: A Survey of Education in Taiwan
- 12 Female Immigrants, Social Capital and Public Sphere in Taiwan
- 13 Information Technology and Gender: Taiwan and India
- 14 Tzu Chi: A Case Study of Engaged Buddhism in Taiwan
- 15 Master Hsing Yun of Fo Guang Shan and the Development of Humanistic Buddhism
- 16 The Heritage and Innovation of Chan Paintings in Taiwan
- 17 Taiwan in World Architecture: A Historical Perspective
- Afterword
7 - Asian Regional Economic Integration and Taiwan–India Economic Relations
Published online by Cambridge University Press: 05 March 2012
- Frontmatter
- Contents
- Acknowledgements
- Contributors to this Volume
- Acronyms and Abbreviations
- Foreword
- Introduction
- 1 Who are We? Identity in Transition
- 2 Taiwan: Yearning for an Identity
- 3 The Implications of Direct Flights: Beijing in Taiwanese Politics
- 4 Kuomintang, Democratization and the One-China Principle
- 5 The Deepening and Consolidation of Democracy in Taiwan
- 6 India and Taiwan: Bolstering Complementarity in Information Technology
- 7 Asian Regional Economic Integration and Taiwan–India Economic Relations
- 8 The Taiwan Factor in Sino–Indian Relations
- 9 Japan's Triumphant Diplomacy in Taiwan in 1874
- 10 A Study of the Cultural and Educational Exchanges between Taiwan and India, 1995–2006
- 11 Between Two Worlds: A Survey of Education in Taiwan
- 12 Female Immigrants, Social Capital and Public Sphere in Taiwan
- 13 Information Technology and Gender: Taiwan and India
- 14 Tzu Chi: A Case Study of Engaged Buddhism in Taiwan
- 15 Master Hsing Yun of Fo Guang Shan and the Development of Humanistic Buddhism
- 16 The Heritage and Innovation of Chan Paintings in Taiwan
- 17 Taiwan in World Architecture: A Historical Perspective
- Afterword
Summary
INTRODUCTION
The current fashion of regionalism has brought about changes in preferential treatments leading to the enhancement of trade and investment. These occurrences have promoted international specialization of industrial production. For countries that are outside Preferential Trade Agreements (PTAs), their industries could face rising production costs that could negatively affect their economies. Therefore, if they do not sign PTAs, they would risk diminishing their global competitiveness. Since the European Union (EU), the Americas have already reached a high level of regional integration, and Asia has also begun to pursue regionalism.
In the face of rising regionalism, India has continued to shift its economic and trade policies to focus on countries in the Asian bloc, such as increasing the linkages with China and strengthening ties with the Association of Southeast Asian Nations (ASEAN) through the ‘Look East Policy’. The objective is to raise the level of India's investment and exports to countries within the Asian bloc. The rise of recent regionalism has placed Taiwan outside East Asian regionalism because of political reasons. To protect against the negative impact of being an outsider, Taiwan's businesses have promoted Foreign Direct Investment (FDI) instead of directly exporting from Taiwan, to maintain markets for their products.
Against this backdrop, this paper aims to explore Taiwan-India economic relations under regionalism. Specifically, how would India and Taiwan respond to the rise of regionalism in Asia? The ultimate objective of this paper is to find out the approaches that could be considered or employed to strengthen bilateral economic relations in the face of regionalism.
- Type
- Chapter
- Information
- Taiwan Today , pp. 94 - 110Publisher: Anthem PressPrint publication year: 2010