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Jiang, Wun-Ji、Hsu, Yu-Chia、Li, Yi-Ching、Su, Yi-Wen, 2024/08/21
Foreign trade and economic activities serve as vital drivers of economic growth for most Asian countries. Taiwan, Japan, and South Korea have faced deteriorating trade conditions with their major trading partners, China and the United States, finding themselves in a similar situation caught between the two giants. This study aims to analyze the strategies on supply chain adjustment of Japan and South Korea over the past decade and thus draw insights from their experiences in adapting to changes in the global trade environment.
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Jiang, Wun-Ji、Lee, Roy Chun、Lo, Shih-Fang、Wang, Yu-Shung、Li, Yi-Ching、Hsu, Yu-Chia, 2024/08/21
Abstract: This study aims to explore the feasibility of three different emerging technologies (including blockchain, artificial intelligence, and the Internet of Things) in improving bottlenecks within international trade supply chains. In addition, in response to the needs of Taiwan's policies, this study particularly emphasizes the research on blockchain. Apart from addressing the feasibility of improving supply chain bottlenecks, the study also investigates its potential applications in other trade sectors and its implications for the participation of micro, small, and medium-sized enterprises (MSMEs) in international trade and the promotion of focus areas in the APEC Internet and Digital Economy Roadmap. The research methodology primarily involves literature review (including secondary data collection), field interviews, and hosting seminars. The key points of the research are summarized as follows:
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Yen, Huai-Shing、Su, Yi-Wen、Hsu, Yu-Chia, 2024/08/21
On September 10th of this year, the United States officially elevated its relationship with Vietnam to a “comprehensive strategic partnership,” while initiating the “North American Leaders’ Summit” and the “U.S.-Mexico High-Level Economic Dialogue” with Mexico. The United States plans to enhance supply chain cooperation with Vietnam and Mexico in semiconductors, critical minerals, clean energy, and healthcare. Vietnam was chosen by the United States for friendshoring primarily due to due to considerations such as its geostrategic importance, low cost of living, abundant labor force and natural resources, as well as Vietnam’s participation in many important FTAs.
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Yen, Huai-Shing、Hsu, Yu-Chia, 2024/08/21
This study explores the restructuring of the global trade and economic order by the United States in the first half of 2023 and its potential impact on Taiwan. It focuses on three aspects: U.S. foreign policy towards China, high-tech-related regulation, and the supply chain review. The summarised research findings are presented below.
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Jiang, Wun-Ji、Lee, Roy Chun、Hsu, Yu-Chia、Su, Yi-Wen、Li, Yi-Ching, 2023/08/09
The aim of the study is to explore the prospects of the African Continental Free Trade Area (AfCFTA), as well as the advantages and limitations of Taiwanese enterprises in expanding into seven African countries with growth potential (Nigeria, Egypt, Kenya, Ghana, Tanzania, Ivory Coast, and Eswatini). A qualitative analysis was also conducted to identify the modes of market entry by Taiwanese businesses, potential barriers and strategies, explore the possibility of entering the African market together with other countries (including the US, Japan, UK, and South Africa), and solicit industry suggestions on ways the government and Taiwanese busiensses could expand into the African market. In so doing, the study developed policy recommendations for the government on African market entry. The following provides an overview of the analysis results.
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Lee, Roy Chun、Lo, Shih-Fang、Wang, Yu-Shung、Su, Yi-Wen、Hsu, Yu-Chia、Li, Yi-Ching, 2023/08/09
The key issues that OECD discusses and addresses tend to shape the future of global economy. Identifying the critical trade issues for OECD in recent years, therefore, provides informative insights into the future global economic and trade landscape. The study focuses on five key trade issues for OECD in recent years: industrial subsidies, fossil fuel subsidy reform, state-owned enterprises (SOEs), trade and environment, and conflict minerals and rare earths, and examines key interest areas under each topic, while exploring the policy implications for Taiwan to deepen its participation in the global governance system.
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Yen, Huai-Shing、Wang, Yu-Shung、Hsu, Yu-Chia, 2023/08/09
On January 20, 2021, Joe Biden was sworn in as the 46th president of the United States. After entering the White House, Mr. Biden moved quickly to implement an expansive agenda covering topics from the coronavirus, national security, industry competitiveness, to sustainable development, while instructing the National Security Council to overhaul all policies and measures concerning China during the Trump administration. Through tracking key developments of the Biden administration’s economic and trade policies, and comparing them with those of the Trump administration, the current project aims to analyze the degree of Trump-to-Biden policy continuity.
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Hsu, Yu-Chia、Jiang, Wun-Ji、Li, Yi-Ching, 2023/08/09
The study aims to examine the economic and industry changes between the signing countries since the Taiwan-Singapore and Taiwan-New Zealand ECAs (ASTEP and ANZTEC, respectively) took effect, identify the actual benefits of the agreements, and provide recommendations for policy makers in Taiwan.
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Lee, Roy Chun、Hsu, Yu-Chia、Su, Yi-Wen、Wang, Lee-Rong、Wang, Yu-Shung、Cheng, Yun-Hsing, 2023/08/09
This study compiles the short-term and medium- to long-term strategies for global economic recovery and growth in the post-pandemic era proposed by four international economic and trade organizations and fora, namely WTO, APEC, G20, and OECD. An analysis on four critical issues—supply chain resilience, green recovery, digital economy, and inclusion—is conducted to identify global trends and key areas of focus. By reviewing the positions and policy development of major economies, such as the US, EU, and Japan, this study offers suggestions on Taiwan’s stance in future WTO and APEC deliberations, as well as policy recommendations, which are presented as follows.
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Wen, Lih-Chyi、Yen, Huai-Shing、Chou, Yu-Chen、Wang, Yu-Shung、Hsu, Yu-Chia、Yiting Cheng, 2023/08/09
The present study examines the EU’s application of Carbon Border Adjustment Measures (CBAM) to imported products at high risk of carbon leakage according to the initial CBAM proposal issued by the European Commission on July 14, 2021, and explores the issue of WTO consistency based on the CBAM obligations. Building upon such results, an impact assessment of the EU’s adoption of CBAM on Taiwan was conducted, and recommendations were made to help inform the government’s strategies in response.
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