Peterson Institute bookstore
The Peterson Institute for International Economics is a private, nonprofit, nonpartisan
research institution devoted to the study of international economic policy. More › ›
RSS News Feed Search

Implications of China-Taiwan Economic Liberalization
Book Data
January 2011
ISBN Paper 978-0-88132-501-0
128 pp.
$21.95 $16.46
( 25 % discount)

In Brief



The Implications of China-Taiwan Economic Liberalization

Policy Analyses in International Economics 93

by Daniel H. Rosen and
Zhi Wang


China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, despite massive trade and investment flows, the boundary between the two is a serious flashpoint for potential conflict. But leaders in Beijing and Taipei have committed to normalize and deepen their economic intercourse and open a new post-Cold War era in their relationship. While the political significance of this gambit has captured attention worldwide, the scope of opening intended and the bilateral, regional, and global effects likely to ensue are as yet poorly understood. This volume attempts to remedy that uncertainty with careful modeling combined with a qualitative assessment of the implications of the cross-strait economic opening now agreed in an Economic Cooperation Framework Agreement (ECFA). The study explores the implications for Taiwan and China, for their neighbors, and for the United States if this undertaking is fully implemented by 2020.

UK and European Residents: Purchase this book through Eurospan for faster service.

Search the full text
of this book:

Selected chapters and sections are provided for preview only.






1. China-Taiwan Economic Relations [pdf]

2. Bilateral Effects of Deepening the Economic Relationship

3. Regional Implications

4. Cross-Strait Economic Relations and the United States

5. Conclusion [pdf]

Appendix A Specification of the Global Recursive Dynamic Computable General Equilibrium Model [pdf]

Appendix B Algebraic Specification of the Model [pdf]


Index [pdf]

Other books of interest:
China's Rise: Challenges and Opportunities (paper)
China's Rise: Challenges and Opportunities (paper)
by C. Fred Bergsten and
Charles Freeman and
Nicholas R. Lardy and
Derek J. Mitchell
Prospects for a US-Taiwan Free Trade Agreement
Prospects for a US-Taiwan Free Trade Agreement
by Nicholas R. Lardy and
Daniel H. Rosen