Taiwan: Successful Globalization

Paper Summary:

This paper examines how Taiwan, an island confederation colonized at different times by various superpowers, Western as well as East Asian, has evolved into an economic power at the nexus of American research and development, Hong Kong commerce, and Chinese raw manufacturing. The writer explains the Asian development model responsible for the enormous economic growth and success of China, Japan, Korea and Taiwan. The writer also discusses the relationship between the government and the private sector in these countries, and the role of education in their rapid progress. In addition, the writer analyzes Taiwan's part in global trade, its economic relationship to other East Asian countries and to the US, the factors contributing to its success, and the positive and negative consequences of that success on Taiwan. Moreover, the paper explores different facets of globalization and its effect on Taiwanese society and culture, and concludes with a discussion of the conflict between globalization and localization in Taiwan.

From the Paper:

"The geographical location of Taiwan makes it perfectly situated as a "gateway of East Asia". It shares close proximity with China, Singapore, Thailand and a myriad of other East Asian countries. Not only does this benefit them as a port destination, but the influx of trade goes through Taiwan with the majority of manufactured goods of the Pacific region flowing through their ports. Since Taiwan has a favorable relationship with the Western states, it has been able to absorb the growth of the East Asian region and serve as an effective broker for traffic of goods. Thus it plays a central role within the region as a broker between lesser developed nations and the developed super powers."

Sample of Sources Used:

• Paul Krugman, "The Myth of Asia's Miracle," Foreign Affairs, 73(1994): 63-75.
• Nicholas Kristof, "Asian-style Capitalism Giving Way to the Free Market," New York Times, 17 January 1998.
• Lee, Pei-shan, "Regime Transition and Economic Governance: The End of Development. Annual Meeting of the Taiwanese Political Science Association, National
• Sun Yat-sen University. 9-10 December 2000.
• Paul Hirst and Grahame Thompson, Globalization in Question (London: Polity Press, 1999), p.241.

More papers on Taiwan: Successful Globalization:

• Research Paper # 52159 : "Consumer Behavior in Taiwan, China, and the U.S."
• Research Paper # 92566 : "Taiwan's Computer Industry"
• Term Paper # 111485 : "Gap and Globalization"

APA Citation:

MLA Citation: