Economy – Page 10 – Taiwan Insight

Taiwan, Be on the Right Side of History on Labour Migration

29 January 2024 Chee-Hann Wu

Written by Bonny Ling. A few months before the presidential elections, I gave a talk in Taipei on the responsible recruitment of migrant workers, where they do not bear the cost of their job recruitment and begin their employment saddled by debt. Afterwards, a participant came up to ask me which presidential candidate I thought would stand the best chance to reform Taiwan’s labour recruitment system towards the Employers Pays Principle, where the costs of recruitment are borne by the employers. I was asked this from time to time in the runup to the January 2024 elections, so this alone did not surprise me. What did was his next statement: “And I will vote for them.” I studied his face to see if he was serious. Not sure. Had I just met my first single-issue voter on migration in Taiwan? Are there more?

Taiwan Election 2024: What it Means for the Island’s Future Engagement with the Asia-Pacific Region

25 January 2024 Adrian Chiu

Written by Raian Hossain. Now that the election results are in, the period of intense suspense and electoral speculation has concluded. The issue of cross-strait relations remains unresolved, as the People’s Republic of China (PRC) insists that the Republic of China (ROC), often known as Taiwan, is a separatist province of the mainland and aims for reunification. For the first time in history, Taiwan has re-elected the same political party to govern the democratic island for a third consecutive term. The election of Lai Ching-te on Saturday signifies a strong counter to the People’s Republic of China’s (PRC) forceful stance and intimidation tactics towards the island. The primary challenge now is how Lai’s new government will maintain its relations with Beijing and navigate the complex triangular dynamics of the US, China, and Taiwan.

What Does Taiwan’s Presidential Election Outcome Tell Us About Its Economic Prospects?

19 January 2024 Chee-Hann Wu

Written by Min-Hua Chiang. William Lai (Lai Ching-te) of the Democratic Progressive Party (DPP) secured his election as Taiwan’s 16th president on January 13, 2024. As the DPP extends its rule for another four years, the administration is likely to maintain President Tsai Ing-wen’s economic policies, notably diversifying the economy away from China. Navigating Taiwan’s export-oriented economy through the evolving US-China relationship will pose the most significant challenge for the new administration.

Taiwan’s 2024 Presidential Candidates: How Do They Fare on the Climate?

10 January 2024 Yu-Chen

Written by Chia-wei Chao & Benjamin Yang. When it comes to the climate, all three candidates in Taiwan’s upcoming presidential election have emphasised the importance of taking action and committed to achieving net-zero emissions by 2050. The main driver behind this mainstreaming of climate policy is the fact that supply chain requirements have made the country’s export competitiveness highly connected to climate performance. Therefore, we must scrutinise the comprehensiveness of each candidate’s policy proposals, rather than solely relying on whether they are climate denialists, to distinguish their positions. Taiwan Climate Action Network (TCAN), a collaborative advocacy platform organised by five NGOs, has thus produced a climate commitment tracker to compare their positions on seven key climate-related policies: (1) 2030 emissions reduction target, (2) carbon pricing strategies, (3) 2030 power mix, (4) renewable energy development plan, (5) industrial decarbonisation, (6) public participation, and (7) just transition. In this article, we will focus specifically on their 2030 pledges, carbon pricing strategies, and just transition policies.

Taiwan’s energy policy at the crossroads in the presidential election in 2024?

8 January 2024 Yu-Chen

Written by Anthony Ho-fai Li. Energy policy remains a highly controversial policy arena in Taiwan after democratisation, given its importance for Taiwan’s security, environmental sustainability and economic development. Under the presidency of Tsai Ing-wen, the agenda of “Nuclear-free Homeland 2025” (2025非核家園) proposed by the Democratic Progressive Party (DPP) in 2016 has been subject to political challenges, which involved the debates about the use of nuclear energy beyond 2025 and the reduced capacity of coal-fired electricity plants for air pollution mitigation. The policy strategy to replace nuclear energy with rapid solar energy development has also faced enormous social challenges as its large-scale installation conflicts with the existing land uses.

How Czechia Engages Taiwan

18 December 2023 Chee-Hann Wu

Written by Filip Šebok. While it has been over the past few years that the Czech-Taiwanese relations have grabbed headlines over the world, the two sides’ ties have not come from nowhere. In fact, the recent intensification of cooperation has been built on a very solid foundation jointly forged by the two sides since the early 1990s. Taiwan has become an important investor in the Central European countries already in the 2000s, especially through the investment of electronic manufacturer Foxconn, which has become a major exporter and tax payer in the country.

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