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The Great Shutdown
(2023)
This research aims to examine the potential impact of a military escalation of the China-Taiwan conflict on global economies, with a particular focus on the microchip production industry in Taiwan. The academic paper will analyze the current economic ties between Taiwan and other countries, as well as the potential consequences of a disruption in trade and production caused by a military conflict. The research will also examine the role of Taiwan's microchip industry in the global supply chain and its potential vulnerability to a disruption in the event of a military escalation. Additionally, this scientific paper will explore the possible economic responses of other countries and the international community to a military escalation of the China-Taiwan conflict. The research will use a combination of the systematic literature review and the scenario technique to demonstrate potential impact of a military escalation of the China-Taiwan conflict on global economies, with a specific focus on the microchip production industry in Taiwan.