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Foreign Direct Investment (FDI) and Territorial Disputes between Adversarial States: Implications for Tsai Ing-wen's "New Southbound Policy" and Taiwan's Approach to Territorial Disputes in the South China Sea.
- Source :
-
Journal of Chinese Political Science . Jun2020, Vol. 25 Issue 2, p261-284. 24p. - Publication Year :
- 2020
-
Abstract
- This study examines whether the pacifying effect of foreign direct investment (FDI) on territorial disputes between adversarial dyads is conditional upon the dyads' past experience of military cooperation. I built a political economy model and conducted a logistic regression analysis on the newly coded bilateral FDI data between adversarial dyads and the existing dataset by merging the rivalry data established by Thompson [51] and the territorial disputes data collected by Lee and Mitchell [42]. I found that when bilateral FDI flows between adversarial dyads reach a certain level the pacifying effect of FDI is stronger for adversarial dyads with past military cooperation. I also found that while past military cooperation has a pacifying effect in general, past military cooperation that occurred more recently has a stronger pacifying effect than those that occurred a while ago. Moreover, based upon the theoretical model and empirical findings in this paper, I investigated the political implications for Tsai Ing-wen's "New Southbound Policy" and Taiwan's approach to the territorial dispute issues in the South China Sea. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 10806954
- Volume :
- 25
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Journal of Chinese Political Science
- Publication Type :
- Academic Journal
- Accession number :
- 143661038
- Full Text :
- https://doi.org/10.1007/s11366-019-09635-w