Taiwan’s trade relations in the Asia-Pacific: Current stage and future challenges
Taiwan’s trade relations in the Asia-Pacific: Current stage and future challenges

Summary/Abstract: Sustained economic success is undoubtedly the aim of every government. Not different approach presents Taiwan whose economy experienced miracle growth regardless the lack of international recognition. Due to the problematic status of Taiwan, its government has been constantly struggling for survival shaping different approaches to its foreign policy. They did not change Taiwan’s status, but managed to keep solid economic position of the island, especially among the other newly industrialized Asian economies in the Asia-Pacific, its natural region of international influence. This article aims at assessing Taiwan’s current trade position in this region and future challenges. It demonstrates that further competitiveness of its economy, especially its crucial sector – manufacturing, depends on joining regional economic integration processes.

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