Written by Nicholas Borroz. Taiwan’s government intervenes to develop its space industry. It is one of several political economies characterised by solid government intervention approaches to guide market actor behaviour. This robust interventionist approach has different strengths and weaknesses. In terms of strengths, Taiwan’s approach can help establish local dominance in niches in global value chains. In addition, it can incentivise the growth of certain business areas that will benefit the economy and coordinate the development of complementary business areas.
Category: Political economy
A Tale of Two Cities: Taiwan’s Social Housing Policy Practice in Taipei and Taoyuan City, 2014-2018
Written by Chris Chih-Hua Tseng. Taipei has spawned some policy innovations. Meanwhile, in Taoyuan, an adjacent developing city that has built massive amounts of social housing, none of the above happened. Instead, the city government proudly announced it had built social housing the fastest. Why has social housing developped much more sluggishly in the capital than it has in Taoyuan? To answer the differences between these two cities, we need to expand our scope to broader urban politics and urban developmental processes.
How to Promote the Long-Term Success of Semiconductor Industry in Taiwan and Other Economies
Written by Bo-Yi Lee. Taiwan’s semiconductor industry has recently attracted attention from foreign governments and media due to the shortage of chips essential for carmakers. Besides, with the growing demand for advanced technologies, including artificial intelligence (AI), fifth-generation (5G) communication, electric vehicles, etc., Taiwan’s semiconductor industry’s strategic importance cannot be over-emphasized. For these Taiwanese firms in this critical supply chain, it is necessary to prioritize and strategize attracting, retaining, and developing talents, since this is a capital and a knowledge-intensive industry.
Keynote speech at the Yushan Forum (part II)
Written by Malcolm Turnbull. Countries that displease China have been threatened with economic consequences. It might be boycotting Japanese retailers; or stopping tourism to South Korea. Or as we have seen in Australia, holding up beef exports and slapping tariffs on wine. On the other hand, and especially in the developing world, billions are being offered for infrastructure development through the Belt and Road initiative.
Imagining a Post-Pandemic Taiwan: It’s time to discuss a restart (Part 1- Macro perspective)
Written by Kyoung M. Shin and Chan-Yuan Wong. As the initial shockwave ushered in by the COVID-19 pandemic is beginning to subsiding, it is imperative to start a more nuanced discussion about pertinent public policies. Even in countries such as Taiwan, who have thus far proven to be relatively more successful in stemming the tide, the government is still emphasising economic re-opening. It is often touted across the globe that Taiwan has been one of the more, if not the most, successful countries in combating COVID-19—and rightfully so. As of October 1, 2020, there has been a total of only 514 documented cases in Taiwan, most of which have been “imported.” While most countries around the world are still struggling to cope with the coronavirus, there has been no report of domestically contracted case in Taiwan since mid-April.
Imagining a Post-Pandemic Taiwan: It’s time to discuss a restart (Part 2 Meso perspective)
By Chan-Yuan Wong and Kyoung M. Shin. It is indisputable that Taiwan’s restrictive emergency policies have successfully brought the coronavirus under control and gave Taiwan the enviable status of a “virus-free haven.” Although one may argue that outcome should be used to measure “success” and “failure,” it is not the only criterion to evaluate public policies. Even from a purely economic efficiency point of view, how the outcome is achieved is equally important—that is, the measure of the associated costs and resource inputs. To effectively control the spread of the coronavirus, Taiwan has essentially taken a page out of its old “developmental state” playbook.
President Lee Teng-hui as a Scholar- A Recollection and Tribute: part I
Written by Frank S.T. Hsiao The year 2000 saw the first peaceful regime change from the long-governing KMT (in power since first coming to Taiwan in 1945) to the Democratic Progressive Party (DPP). All these were accomplished adroitly without bloodshed. He did not even have his own political clique, military backup and secret service supports. Unquestionably, Lee was indeed one of the greatest politicians in the World. The Taiwanese and foreign media have very well documented all these achievements. What is seldom mentioned is his academic achievements and scholarship in the field of Agricultural Economics and his various writings.
Crossing Paths: How Should Taiwan Approach India?
Written by Wei Azim Hung. The series of border skirmishes between India and China that began in early May this year have prompted a wave of anti-China sentiment across the subcontinent. India’s Prime Minister Narendra Modi has struck a particularly aggressive tone by saying “the age of expansionism is over” and “peace is not won by weakness” , while being mindful of the need to save his Chinese counterpart face by not indulging in overly bellicose or provocative rhetoric. Interestingly, this is not the first time India and China have engaged in border hostilities, nor is it the most bloody conflict.
Tsai’s Triple Stimulus Voucher Programme and a Missed Opportunity
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
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.
A Commentary on President Tsai’s Inauguration Regarding Energy Policy
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.
The Return of Technocrats in the US-China Divide and Their Relation to the Coronavirus Pandemic
Written by Chuan-Kai Lee and Mei-Chih Hu. As we know, the Coronavirus pandemic poses a dire threat to various states around the globe. Thus, we perceive the competence (or lack thereof) of different governments, the strengthening of the state, the rise of nationalism, and in Taiwan, the return of technocrats. These technocrats differed from their predecessors in the developmental-state era, as they already had their missions well in advance rather than playing catch-up. They were to contain the virus — keep a record of zero local infection as long as possible.