Category: Economy

Why China’s solo tourist ban is not a big deal for Taiwan

Written by Min-Hua Chiang. Businesses and entertainers have been forced to adhere to the “One-China Policy”, and from 1st August 2019 Chinese nationals from 47 cities in China were prohibited to visit Taiwan on an individual basis. China’s new tourism restraint is another attempt to intimidate Taiwan.

Taiwanese officials estimated a reduction of NT$18,000 million (US$574 million) in tourism revenue and a fall of 0.1% GDP following China’s new tourism policy. Looking at the statistics in detail, the impact on Taiwan’s economy is limited.

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Taiwan: The Next Crypto Capital of the World

Written by Marc Howard. Taiwan is a hotbed for tech start-ups focusing on block-chain, Artificial Intelligence (AI) and the Internet of Things. It hosts a proliferation of major start-up accelerators and incubators, including start-up super-hubs like Taiwan Tech Arena, which will spawn 100 start-ups per year and expedite the overseas expansion of 300 start-ups over the next three years.

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Does the state of the economy matter when explaining presidential approval ratings in Taiwan?

Written by Eric Chen-hua Yu. Empirical studies on presidential approval ratings in the US and other OECD countries have long concluded that the state of the economy is an important factor explaining the rise and fall of presidential approval ratings. Specifically, when economic conditions are good, the sentiment toward the president will be positive. In light of this correlation, does the presidential approval rating in Taiwan follow such a pattern?

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Exploring Migration Experiences of Young Taiwanese Migrant Workers in Singapore’s Service Industry Sector

Written by Chia-Yuan Huang. Unlike the so-called Taiwanese ‘elites’ or ‘talents’ who were headhunted by Singaporean companies with the highest-level employment pass, a number of recently-migrated young Taiwanese workers in Singapore are engaged in the service industry. Most work on a contractual basis, dispatched by an agency and hold the lowest-level work pass (hereafter WP), which has many restrictions.

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Losing Burkina Faso and Gripping eSwatini: A Comparative Study of Taiwan’s Diplomacy in Sub-Saharan Africa

Written by Megan Convielle. Given these factors of regional pressure, security, and internal political structure, it is important to re-evaluate the framework that gauges the role of diplomatic relations for the future of Taiwanese foreign policy. Previous research has shown that economic assistance plays a large role in small-state diplomacy, but this framework appears to be outdated in how Taiwan’s diplomatic relations are currently shifting.

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