Taiwan Insight

Capitalising on Taiwan’s Advantages to Attract New Investments

18 February 2021 Editor

Written by Lotta Danielsson. The Taiwan economy fared well in 2020 and continues to do so into early 2021. This is primarily due to strong domestic demand, robust technology exports driven by the global shift to remote work, and a rebound in export orders for industrial goods. According to recent figures released by its national statistics bureau, Taiwan’s economic growth in 2020 was 2.98%, outperforming China’s same-year growth of 2.3% for the first time in 30 years.

The Biden Administration and Taiwan’s Post-Covid Economic Prospect

17 February 2021 Editor

Written by Min-hua Chiang. With 2.98% of growth rate in 2020, Taiwan’s economy has outperformed many countries in the world. The moderate economic expansion was attributed to the surging external demand for information and communications technology (ICT) goods and the growing investment repatriation. The domestic consumption remained resilient thanks to the growth in domestic tourism and economic stimulus measures. After all, Taiwan’s success in containing the COVID-19 underpinned the whole economy well amid the ongoing global pandemic crisis.

Post-COVID-19 Taiwan in the Global Semiconductor Industry: The Context of the New U.S. Administration

16 February 2021 Editor

Written by Yu-Ching Kuo and Robyn Klingler-Vidra. Early into the global pandemic — and amidst ongoing U.S.-China trade tensions — the International Monetary Fund’s (IMF) World Economic Outlook in April 2020 forecast that Taiwan’s GDP would shrink by 4% in 2020. However, by October 2020, Taiwan’s exports unexpectedly grew by 3.4% and GDP increased by 2%. The outperformance was partly due to Taiwan’s capacity to fight COVID-19, which contributed to the export growth rate of semiconductors and electronics and information technology industries, which was as high as 20%. #Taiwan #economy #industry #covid #Trump @RobynVidra

The Last Trump: Or, Taiwan as a Potential Pawn on a New Chess Board

15 February 2021 Editor

Written by Ian Inkster. As Joseph Cummings has summarised recently for Redaction Politics, ‘experts believe that Mr Biden’s policy will fall short of provocation of mainland China and Mr Trump’s open empowerment of Taiwanese militarisation,’ and there is little reason yet to discount that view. The fact that the US has approved recent arms purchase deals with Taiwan may mean no real change in the long history of less-than-best military techniques being sold off to Taiwan as part of the old cold-war alliance.

Something, Nothing, or Everything? The Recall Vote of DPP’s Taoyuan City Councillor Wang Hao-Yu

12 February 2021 Editor

Written by Chieh-chi Hsieh. On 16 January, Taoyuan city councillor Wang Hao-yu of the Democratic Progressive Party (DPP) was revoked by a whopping 84,582 ‘in-favour’ ballots. This was a staggering contrast to the 16,292 ballots received that won him his re-election merely two years prior. This election makes Wang the first city councillor from one of Taiwan’s six special municipalities to be recalled. More importantly, one can tentatively make a case that this is an important success for opposition parties such as the Kuomintang (KMT) and other pan-blue parties (e.g., People First Party) regaining political clout against the incumbent DPP government.

How to Promote the Long-Term Success of Semiconductor Industry in Taiwan and Other Economies

11 February 2021 Editor

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.

Unjust Deserts: Japan’s Taste for Modernity and Its Satisfaction Through Taiwanese Sugar Plantations

10 February 2021 Editor

Written By Lilian Tsay. The Japanese empire’s importance placed on the Taiwanese sugar industry can be seen in the design of the 1935 “40 years of colonial rule” exhibition, which had a whole section dedicated to the sugar industry and provided free sugar water to visitors. The sugar industry was a crucial part of the colonial economy; it also heavily impacted Japan’s dietary customs. Japan did not produce its own white sugar. Before the Meiji era, deserts in Japan were made using either dark sugar from Okinawa, wasanbon from Shikoku, or from white sugar imported from Southern China. Just as described in “Southward Expansion to Taiwan,” only with Taiwan’s help could Japan’s confectionery industry successfully develop alongside the expanding Japanese empire.

“Eating Spinach”：The Taiwanese Working in Philippines Gambling Industry. Part II

9 February 2021 Editor

Written By William Kung 孔德廉. Regarding the dramatic changes brought about by the “spinach industry,” Wang Weiren, an old overseas Chinese who has lived in the Philippines for 60 years, described it as “locusts crossing the border.” Although the gambling industry has helped drive obvious GDP growth in the Philippines, the economic gains have not been shared by the public at large. Instead, it has been concentrated in the hands of a few Chinese business owners. Not only that, a large number of Chinese ethnic groups in the industry are not prepared to integrate into the local area. Instead, they are reluctant to change their ways and prone to conflict with the locals. If China and the Philippines were ever to join forces to crack down on illegal businesses, the first thing to bear would be the Philippine economy, which is currently overly dependent on the gambling industry.

“Eating Spinach”：The Taiwanese Working in Philippines Gambling Industry. Part I

8 February 2021 Editor

Written By Willian Kung. Ten years ago, Many Chinese, Malaysians, and Indonesians left their hometowns and moved to the Philippines to chase the gold rush triggered by online gambling. In recent years, the latest wave has attracted many Taiwanese. According to statistics from the Philippine Immigration Bureau, in 2018, more than 200,000 Chinese workers applied for work visas, 90% related to online casinos. There are also many Taiwanese living in the Philippines. In 2016, the Taiwan Economic and Cultural Office in the Philippines issued a message stating “recently, there has been an increasing number of Taiwanese people going to the Philippines to work in the gambling industry, please be wary that risks often outweigh the rewards. Many have had their passports detained.”

台灣「新二代」運動

5 February 2021 Editor

作者：鄒佳晶。二十世紀八〇年代開始，跨國婚姻、移民為全球化人口流動的現象，在多元、種族文化的環境下，間接影響台灣人口結構的改變，新移民、新二代人口總數的增加，成為台灣的第五大族群。同時，新二代的文化形象在這三十年間也經歷了轉變。起初，由於文化碰撞，以及過往的資訊不發達，媒體輿論也出現許多負面社會新聞版面，東南亞被形塑為落後、經濟不穩定、人口素質低落的國家，也實際影響台灣的整體社會氛圍對於婚姻移民產生刻板印象，政府將新移民、新二代視為「社會問題」，使新二代在不友善的環境中成長，2016年政府推行新南向政策，新移民、新二代的議題開始被重視，隨著政策的改變，新二代的身份從過去的弱勢變成社會優勢、資本，希望透過擁有雙語言、雙文化優勢擔任國民外交南向小尖兵的角色

The Activism of the “The New Second Generation”

5 February 2021 Editor

Written by Chia-Ching Tsou. Around 2016, following the Tasi government’s New Southbound Policy, the government suddenly focused on a particular group of Taiwanese — the so-called “the new second generation.” The new second-generation refers to a group of young Taiwanese, some of whose parents are immigrants from Southeast Asian countries following the era of cross-border marriages. The government saw “the new second-generation” as human capital with the advantage of dual culture and language. Thus, it was well-positioned to serve as the vanguard for the New Southbound Policy. However, the government’s framing of the new second-generation ignores and overlooks the new second generation’s life experience and perspective.

Going To Paradise: The Online Gambling Industry And Taiwanese POGOs Workers In The Philippines

4 February 2021 Editor

Written by Zihlun Huang. There is a pervasive ambivalent feeling working in online gambling for Taiwanese workers. On the one hand, Taiwanese POGOs workers have to take high-risk jobs in this industry, such as working conditions, legal issues, and unsafe environments. On the other hand, they enjoy their salary, social status, and lifestyle in the Philippines. Nevertheless, after all is said and done, one thing is true—they believe that they are heading toward paradise.

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