Taiwan as a Part of Japanese Companies’ Economic Strategy in East Asia
The article reveals the role of Taiwan as an integral part of Japanese companies’ foreign economic strategy in East Asia. Starting with characteristic features of the whole region and its separate economies, the author shows how the Taiwanese economy has been developing after the war and explains...
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| Format: | Article |
| Language: | Russian |
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Nauka
2021-01-01
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| Series: | Ежегодник Япония |
| Subjects: | |
| Online Access: | http://www.yearbookjapan.ru/images/book/2020/japan_2020_121-156.pdf |
| Summary: | The article reveals the role of Taiwan as an integral part of Japanese
companies’ foreign economic strategy in East Asia. Starting with characteristic
features of the whole region and its separate economies, the author shows how
the Taiwanese economy has been developing after the war and explains why this
island took a special position among Japan’s economic partners. The first part of
the article examines the main stages of Taiwan’s economic development after the
war, revealing the factors of its successful modernization, and explains historical
reasons for shaping favorable conditions for its turning into the object of expansion
of Japanese companies. In the second part of the article, the author analyzes the
process of the consistently increasing economic activity of Japanese companies
in East Asia and shows the details of Taiwan’s entry into the existing system of
division of labor in the region. A special emphasis is made on the characteristics
of the economic cooperation model between the countries of the region, changes
in the industrial structure of FDI, and specific forms of partnership between
Japanese and Taiwanese companies. In the third part, the author draws attention to
the economic and political factors which may lead to instability of economic ties
and influence international capital flows. The author comes to the conclusion that
Taiwan played an indispensable role in the expansion of the Japanese companies’
economic strategy and occupies now a strong position in the high-end segment
of Japan’s foreign production base. Despite the destabilizing factors, Taiwan
will evidently keep its exceptional position in the economic interests of Japanese
companies in East Asia. |
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| ISSN: | 2687-1432 2687-1440 |