Recent Publications
Taiwan Economic Research Monthly
New strategies for international economic cooperation
In principle, international cooperation is a complementary relationship, but in the era of global liberalization, such a complementarity is not a relationship between two countries, but rather a relationship between countries and the world. Of course, there are some complementary products manufactured by and between these two countries, but there are often more products that are likely to compete with one another. Countries are always striving to grab the world markets with lower costs and relevant methods, and they are also seeking the cheapest sources of supply. Finally, these countries mutually trade with one another with rather like complementary products. And the situation is often the result of competing interests rather than prior cooperation or moral arrangements. Therefore, liberalization requires less planning or strategies, which can be said to be contrary to liberalization.