Written by Chun-Chien Kuo. By adding fire to the existing US-China Trade War, Covid-19 has accelerated the current economic adjustment pace, along with the need for supply chain reallocation in industries. Thus, industries and firms in Taiwan have responded to adjust their production of diverse parts and components. They have also attempted to establish their own sufficient domestic supply chains. New trends in supply chain reallocation have also emerged, such as localised supply chains, shorten supply chains and digitalisation under the Covid-19 threat.
Written by Michael C.Y. Lin. Taiwan’s success in battling the novel coronavirus has promoted its international image, attracting businesses, investment, and a skilled workforce to the country. These trends offer Taiwan a potential opportunity to deepen its talent pool. Over the past two decades, Taiwan has experienced stagnant real wage growth, driving out skilled domestic workers and discouraging overseas Taiwanese talent from returning to their homeland. In particular, talent outflow from Taiwan to China has raised serious concerns.
Written by Gunter Schubert. Taiwan has earned worldwide praise for its success in fighting the coronavirus crisis. It has become a shining example for those pushing the argument that state capacity in anti-epidemic politics is not preconditioned upon an authoritarian mode of government. Rather, the Taiwan case has shown that effective top-down policy steering, strict compliance of the populace with quarantine measures, hygiene measures and social distancing, and legitimate comprehensive tracing of digital data are all possible in a democracy.
Written by Brian Hioe. The latest front on which the KMT has sought to attack the Tsai administration’s response to COVID-19 has been on the issues of vaccines. In particular, with the Tsai administration having enjoyed widespread public praise for its effective response to COVID-19, the KMT has tried to find ways to criticize or denigrate the Tsai administration’s response to COVID-19. In recent memory, this has included calls in January to lock down the city of Taoyuan in response to the Taoyuan General Hospital cluster.
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.
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.
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
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.
Written by Timothy S. Rich and Madelynn Einhorn. How does the Taiwanese public view COVID-19 policies and do these efforts boost evaluations of President Tsai Ing-wen? Taiwan received international acclaim for its aggressive response to the pandemic. Such policies included standard social distancing and mask mandates seen in most countries, with centrally coordinated quarantine and contract tracing policies, and fines of over $3000 US for violating quarantines. Due to these efforts, people in Taiwan are 3,400 times less likely to die from COVID-19 than people living in the U.S.
Written by En-Chieh Chao. Scientific epidemic prevention measures are essential and critical, but sometimes not enough. As demonstrated in Taiwan’s experience of 2020, other than an alert government, it takes a civil society and divine deities. After all, to prevent an epidemic literally requires human bodies to work together. The question is: what makes us work together? It could be democracy for some, and divination for others. Sometimes, it is both.
Written by Ian Inkster. The world is nowhere near getting over the COVID pandemic. Whether referring to the possibilities of mutations of the virus itself or to the transformations, reactions and perhaps resistances of the national populations who are being continuously coerced or persuaded into adherence to often dubious and motley official regulations, most commentators and analysts think we are either within or entering a strong second cycle of contagion and mortality.
Written by Emily Weinstein. Nearly ten months after scientists identified COVID-19, China, South Korea, Taiwan, New Zealand, and other countries are seeing a return to semi-normal life, albeit with mask-wearing and other precautionary measures. In most cases, these successes have been born from the deployment of various technologies aimed at monitoring citizens who have been exposed to the virus. At the same time, government use of these technologies is alarming privacy and human-rights advocates, particularly in countries with inadequate track records in personal freedoms for citizens. Is there a happy technological medium that respects personal privacy while simultaneously managing the spread of this pandemic?