Economy – Page 12 – Taiwan Insight

In between giants: how a EU-Taiwan partnership could ensure digital benefits for all

29 July 2020 Editor

Written by Maaike Okano-Heijmans and Brigitte Dekker. The protection of digital freedom of speech, transparency and inclusiveness is at stake as governments resort to (sometimes intrusive) digital means to monitor and combat the coronavirus. At the same time, economic competitiveness in the digital age requires innovative approaches, as the US-China rivalry profoundly reshapes the global tech landscape and global governance. This is where Taiwan and the European Union (EU) have similar interests and stand to benefit from exchanging best practices.

Prospect of Malaysia as the Gateway for Taiwan’s New Southbound Policy (NSP) Push

23 July 2020 Editor

Written by Karl Chee Leong Lee. Despite lingering pessimism surrounding the impact of COVID-19 on Southeast Asia’s economy, Malaysia has unexpectedly enjoyed a new wave of Taiwanese investment. According to official figures released by the Malaysian Investment Development Authority (MIDA) last April, the value of inbound manufacturing-based investment from Taiwan has increased seven-fold. In 2019 Taiwan became the fourth largest FDI source for Malaysia’s manufacturing sector after China, the US and Singapore.

Beyond Economics: The Value and Meaning of the New Southbound Policy

22 July 2020 Editor

Written by Dr. Alan H. Yang and Tung Cheng-Chia. Great power competition between the United States and China has intensified under the backdrop of the Covid-19 pandemic. Whether in the World Health Organization or the United Nations, this intensification is compelling states to reorient their political alignment. Taiwan needs to reflect on and strategically reposition itself in this geopolitical tug-of-war. A top priority for the island-nation is to strengthen its links and influence in Asia.

Quo Vadis => localisation policy in Taiwan

21 July 2020 Editor

Written by Manuel Zehr. When speaking about infrastructure, energy, or engineering projects in Taiwan, along with international organisations/private companies under any DPP party administration, there is one major buzzword you always will hear which is “localisation”. What exactly is the definition of “Taiwanese localisation”? The meaning varies depending on the industry and segments within it.

Tsai’s Triple Stimulus Voucher Programme and a Missed Opportunity

16 July 2020 Editor

Written by Chieh-chi Hsieh. After the Democratic Progressive Party (DPP) Government’s astonishing policy responses in containing the outbreak of COVID-19, the new battleground that would determine the trajectory of President Tsai Ing-wen and her Government’s approval rate lies in their ability to revitalise Taiwan’s economy. With the official launching of the “triple stimulus voucher” (三倍券) programme in July, it provides a good opportunity to evaluate the underlying rationale for this economic stimulus package and why it was a missed opportunity for Tsai to further her green agenda.

Mapping the Development of Capitalism in Colonial War-time Taiwan Through New Digital tools

9 July 2020 Editor

Written By Yueh-Cheng Tien. Establishing relations is a central feature in the research of humanities and social sciences. It also lies at the heart of most historical analysis—these relations concern how different individuals and institutions connect and influence one another. However, researchers often struggle to prove specific relationships due to the multitude of relations that exist concurrently, and the actual effect of these relationships can be hard to prove. This has led many historians to turn to digital and mathematical methods to model relations visually and statistically.

Migration from Hong Kong and Taiwan’s Overheated Housing Sector – is there a Strategy?

30 June 2020 Editor

Written by Yao-Hung Huang. On May 28th, 2020, China approved the controversial national security law for Hong Kong. It is expected that Beijing’s latest intervention could well be the last straw that prompts many of its residents to leave the special administration region, and this has arguably already began to occur.

Can Taiwan Replace Hong Kong as Asia’s Premier Financial Services Hub?

29 June 2020 Editor

Written by Lee Faulkner. The imposition of national security laws appears to be the final straw for Hong Kong. Such is the level of decline in in the city that formerly set the standard for jurisprudence in Asia that we don’t even know which legal system the new laws will fall under, nor which bodies will enforce them.

A Commentary on President Tsai’s Inauguration Regarding Energy Policy

4 June 2020 Editor

Written by Manuel Zehr. During her speech, President Tsai repeated and underlined her policy from four years ago. The Democratic Progressive Party’s (DPP) ultimate goal was always to win over voters by shutting down nuclear power plants in Taiwan. Besides keeping this former political promise, renewable energy has the positive side effect of reducing energy imports, which is currently at 97.8%. This is important as China could cut off economic and life support lines at any time.

Tsai Ing-Wen’s Inaugural Address for the Second Term: “Unprecedented Challenges and Unparalleled Opportunities”

3 June 2020 Editor

Written by Qi Dongtao. As usual, Tsai Ing-wen’s inaugural speech on May 20 maintained her low-key, down-to-earth style without much surprise. From Beijing’s perspective, since she did not explicitly accept the “one-China principle” in the speech, she failed Beijing’s so-called “exam” again and therefore was severely criticised by Beijing. But since Beijing had already concluded that she would never openly accept the “one-China principle,” her speech did not surprise Beijing.

Is Taiwan Prepared to Cope with a Post-COVID Economy?

29 May 2020 Editor

Written by Harry West. The Coronavirus pandemic has presented the world with challenges the likes of which have rarely been seen before. COVID-19 — a disease for which a vaccine is yet to be found — has killed over 300,000 people and infected millions more. As well as the human cost, the virus has had a significant impact on the global economy, with governments across the world implementing social distancing measures as a means for combatting the spread.

The Impact of COVID-19 on Taiwan’s Economy and Future Prospects

28 May 2020 Editor

Written by Min-Hua Chiang. Despite economic shrinkage, the impact of COVID-19 on Taiwan’s economy is restrained compared to other countries. Singapore (-2.2%), European Union (-2.7%), USA (-4.8%), China (-6.8%) and Hong Kong (-8.9%) have reported a more significant drop in the first quarter of 2020. Taiwan’s success in controlling the spread of COVID-19 has minimized the impact of COVID-19 on its economy. As of May 11 2020, Taiwan reported 440 cases and seven deaths, lower than most other countries in the world.

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