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Implications of economix base model
Implications of economix base model






implications of economix base model

Thus, Washington and Taipei should seek to increase their cooperation through a new technology partnership encompassing security, diplomatic, information, and economic domains. Responding to these multifaceted challenges will require a similar all -of-government approach from the United States and Taiwan. To be sure, a potential Chinese invasion of Taiwan would feature a whole-of-government approach by the Chinese Communist Party (CCP). The United States and Taiwan must contend with this multidimensional challenge, while dealing with the enduring impact of the coronavirus pandemic, supply chain shortages, and most recently, Russia’s invasion of Ukraine. Indeed, China’s armed forces continue to prioritize technological reforms that would improve their chances of overtaking the island. Moreover, Beijing has directed a great deal of attention and resources to upgrading the nation’s overall technological power, including in innovation, the digital economy, and cyber capabilities. I sincerely hope that they stimulate even greater global interest in Taiwan and its future.Ĭhina remains fixated on reclaiming Taiwan as its own. The contributions here, written by nine of the eleven members of the 2022 TUPP delegation, underscore the importance of deeper study and understanding of Taiwan. Hopefully, TUPP will contribute to ensuring that Taiwan remains peaceful and prosperous. Over time, TUPP seeks to create a body of global experts with knowledge about Taiwan and support for sustaining and expanding its ties to the world. This year’s cohort also included for the first time a few experts from Europe, expanding the program’s reach. Each participant gained insights into Taiwan and its role in their respective fields. Although holding virtual meetings with officials and experts from Taiwan and the United States was not ideal, the program was nonetheless successful in achieving its goals. It also reinforces the importance of maintaining robust bilateral relations and strengthening international support for the preservation of peace and stability in the Taiwan Strait.Īfter a two-year hiatus due to the coronavirus pandemic, TUPP resumed in January 2022 for a virtual session. It imbues them with an appreciation for Taiwan’s experience and commitment to the principles of democracy and human rights that undergird the existing international order. Experiencing Taiwan influences how these future leaders approach their work, their writing, and their overall worldview. The Taiwan-US Policy Program (TUPP) was launched in 2017 to provide future leaders a deeper understanding of Taiwan and its relations with the United States through meetings with officials and experts in Washington, followed by a visit to Taiwan to gain first-hand exposure to its politics, culture, and history. With the upswing of global interest in Taiwan, there is a pressing need for greater knowledge about the many factors that make it so crucial to the world. China has also stepped up its use of disinformation, United Front tactics, and other measures to widen splits within Taiwan’s political system and induce pessimism among its people about their future to achieve its goal of taking over the island. The Chinese military flew nearly 1,000 warplanes in Taiwan’s air-defense identification zone in 2021. Since President Tsai Ing-wen assumed office in 2016, Beijing has poached eight of Taiwan’s diplomatic allies and blocked it from participating in international organizations, including the World Health Organization. The island is home to the Taiwan Semiconductor Manufacturing Company, which produces more than 90 percent of global output of the most advanced semiconductors and is gearing up to launch next-generation three-nanometer chips this year.Īnother reason for increased attention to Taiwan stems from international awareness of China’s growing diplomatic and military pressure on the island.

implications of economix base model

The pandemic’s impact on global semiconductor supply chains also led to heightened interest in Taiwan, which dominates the foundry market, or the outsourcing of semiconductor manufacturing. In the global battle against the virus, it provided medical supplies, medicine, and technology to countries in need, cooperated on vaccine research and development, and shared its best practices.








Implications of economix base model