The development of Taiwanese steel industry has entered into decline stage. The domestic steel consumption is small plus being lack of steel strong demand industries. The factors mentioned above make Taiwanese steel industry shortage of supply in the upstream crude steel industry, while over-supply in rolled steel market. It would be the great chance to revitalize the steel industry to shift the oversupply capacities to the market that needs this product.
Globalization and regional integration are two issues and trends in world¡¦s economic and trading perspective. The purpose of Free Trade Agreement (FTA) is to liberate the trade, service and investment among the member countries. The spirit of FTA is consistency with that of WTO. Both are the vehicle of promoting trade liberation among global countries. Both Taiwan and Mainland China are member countries of WTO. However, there are still many limitations in trading between two countries.
Economic Cooperation Framework Agreement, ECFA, would be considered as a FTA between Taiwan and Mainland China. Compare WTO with ECFA, ECFA could provide better clauses, schedule in trade liberation and tariff reduction in goods. Furthermore, the tariff of some goods can be fully eliminated. ECFA could be perceived as an opportunity and a threat to Taiwan. It could be a great ¡§opportunity¡¨ to create substantial trading and investment opportunities through industry investing to Taiwan. However, this agreement could also result in trade diversion effect, and it would be a ¡§threat.
This study is trying to explore how ECFA impact on steel industry in Taiwan through secondary data collection and analysis. Some foreseeable impacts are listed and some response measures are suggested.
Any agreement has benefits and lost. ECFA is like a two-side blade. It might bring new trading opportunities or lead the trading diversion effect. Using Taiwanese competitive edge is the key to succeed. Taiwanese steel industry should take this chance to reconsider its¡¦ product value and positioning. Trying to differentiate its steel products to others, increase the value of the products and enhance the product quality. Taiwanese steel industry could create sustainability and profitability by increasing the competitively of steel industry.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0116112-091131 |
| Date | 16 January 2012 |
| Creators | Huang, Yi-Ju |
| Contributors | Ping-Yi Chao, Cher-Min Fong, Chih-Hung Tseng |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0116112-091131 |
| Rights | user_define, Copyright information available at source archive |
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