Topic: Economics / International Economics

 
Taiwan's Application to GATT/WTO
Significance of Multilateralism for an Unrecognized State
CHO Hui-Wan
000-0-00000-000-0

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Taiwan's Application to GATT/WTO

Significance of Multilateralism for an Unrecognized State

CHO Hui-Wan CHO Hui-Wan


November 2001

Praeger

Cover
Pages
Volumes
Size
Hardcover
240
1
6 1/8x9 1/4
 
ISBN
978-0-275-97421-3
Print in Stock
$119.95

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Driven to join GATT/WTO by both economic and political forces, Taiwan walks a fine line imposed by its international status as a non-state state.

Revealing a powerful economic motive behind Taiwan's 1990 application for GATT membership, CHO questions those who interpreted it solely as a political move designed to break that island nation's diplomatic isolation. Flourishing economically since the 1950s despite non-GATT membership, matters changed for Taiwan in the 1980s when it became both big and small. As a big trader, its dual trade regime was no longer tolerated, while as a small economy with little political clout, Taiwan was pushed to liberalize its trade practices by bilateral pressures. Taiwan believes that the most-favored nation principle and diffuse reciprocity embedded in GATT/WTO's multilateralism will sheild Taiwan from the pernicious effects of bilateral asymmetry while simultaneously providing it with more international living space.
Foreword
Introduction
An Overview of Economic Development in Taiwan
Dual Trade Regime
Challenges and Liberalization
New Course for the 1990s
Cost-Benefit Calculation
Political Feasibility
Overcoming Obstruction
Opening the Door
Conclusion
References
Index