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Comparison of Foreign Trade Characteristics between Taiwan and Ukraine: Impact on Economic Growth and Threats to National Economic Security

摘要


The full-scale invasion of Russian troops into Ukraine not only changed the geopolitical situation but also brought attention to the threat of a similar situation by China against Taiwan because there are significant similarities in the geographical and historical factors of the development of Ukraine-Russia and Taiwan-China relations, as well as in bilateral political, economic relations. Ukraine's economic and trade dependence on Russia, while simultaneously deepening Ukraine's cooperation with European countries, led to the deterioration of Ukrainian-Russian relations, which finally resulted in a full-scale invasion of Russian troops into Ukraine. The similarity of relations between Taiwan and China to Ukrainian-Russian relations lies in close trade ties and the corresponding interdependence of the two countries' economies, which is also accompanied by the strengthening of political influence and territorial claims of China over Taiwan. Thus, in this study, we will compare Taiwan and Ukraine according to the main indicators of foreign trade, identify the largest trade partners of these countries (Taiwan-China, Taiwan-America, Ukraine-Russia, Ukraine-China), and respectively evaluate their structure of trade for analyzing the impact of foreign trade with the main trade partner on economic growth. Besides, we will realize whether the foreign trade of Taiwan and Ukraine meets the criteria of economic security, which is defined as the share of the leading partner country in the total turnover of foreign trade. Through the objective analysis of the data in this paper, we found that there are a number of differences that indicate a low probability of applying China's military scenario regarding Taiwan due to the difference in the economic development, the different structure of the economy and the degree of inclusion in the global chains of creation of added value, which is all reflected in the foreign trade of Ukraine and Taiwan with leading partner countries. Taiwan is facing the same economic security issues that Ukraine faced in the past, but Taiwan's economic status has an advantage over Ukraine in facing economic security threats.

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