Written by Tyler Prochazka. As the coronavirus spreads rapidly around the world, the global economy could face its most serious decline since the 2008 Great Recession. While Taiwan has avoided a serious community spread of COVID-19, it is not immune to the global economic fallout from the pandemic. To assure that its citizens are able to keep their heads afloat financially, the Taiwanese government should prioritize an emergency basic income for every household over bailouts to corporations.
Taiwan Insight 