This Issue Brief is based in part on an Atlantic Council delegation trip to Taiwan in December 2005, led by Franklin D. Kramer, chairman of the Council’s Committee on Asia and Global Security, and including Jan M. Lodal, president of the Council, and Council board members, Julia Chang Bloch, John L. Fugh, and Helmut Sonnenfeldt, as well as Banning Garrett, director of Asia Programs, Jonathan M. Adams, Asia Programs assistant director, and Ellen Frost, senior fellow at the Institute of International Economics. Banning Garrett, Jonathan Adams and Franklin Kramer wrote this Issue Brief which was endorsed by the other members of the delegation.