On Day One: An Economic Contingency Plan for a Taiwan Crisis
Taiwan
The threat of economic sanctions is often mentioned as a necessary adjunct to military deterrence in the Taiwan Strait. But Bromley and Freymann show that quick, sweeping decoupling from China is not a credible option in light of the country’s importance to the global economy. Instead, they propose a carefully reasoned, step-by-step approach that they label “avalanche decoupling,” which they insist would have a greater deterrent effect because it is more realistic. Such a policy would gradually
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