Written by Wen-Chin Wu, Greg Sheen, Hans H. Tung, Chien-Hui Wu. As COVID-19 began to spread from China to the world in early 2020, experts predicted that Taiwan would have “the world’s second-worst outbreak after China” ). Nevertheless, Taiwan was almost COVID-19-free until mid-May 2021 due to a set of successful policies, such as strict border control, population-based contact tracing of confirmed cases, and encouragement to wear facial masks. The “normal” pre-COVID-19 life lasted for almost one year until May 19, 2021, when Taiwan declared a nationwide COVID-19 Level 3 alert. The total number of confirmed COVID-19 cases in Taiwan since early 2020 had soared from 1,132 on May 1 to 8,511 on May 31, 2021.
Written by Min-hua Chiang. Taiwan government revised up economic growth forecast in 2021 to 5.5% in June despite the sudden surge of covid-19 cases since mid-May. This is the fastest growth path since and second only to the post-crisis rebound in 2010 (see Figure 1). The economy is bolstered by thriving exports outlook. Growing domestic investment is another anchor of Taiwan’s economy thanks to the continuous investment repatriation. The greater government consumption is expected to offset the potential fall in private consumption following the constraints on outdoor activities. Taiwan Centres for Disease Control (CDC)’s capability to put the domestic outbreak under control in a month further gives confidence that moderate economic growth this year could be expected.
Written by Chan-Yuan Wong, Ker-Hsuan Chien, and Mei-Chih Hu. As the world enters the second year of the Covid-19 pandemic crisis, Taiwan – previously acknowledged as a Covid-free nation – encountered a new outbreak in mid-May 2021. This wave of infection has been deemed critical, as the number of infection cases has surpassed 700, and the infectivity rate is as contagious as measles. To date, Taiwan encountered 635 death cases related to Covid-19 – of which 98% are attributed to the recent outbreak since 15 May 2021.
Written by Chun-Chien Kuo. According to the latest Bloomberg Covid-19 Resilience Report, Taiwan’s ranking has slumped to 44th place in June from the 15th in May. Meanwhile, the support rates for President Tsai have declined dramatically. Taiwan had successfully controlled the Covid-19 virus for more than one year under the strict border control, and people had been luckily enjoying the near normal life without lockdown elsewhere. The economy gained positive momentum both from strong export and little affected domestic activities. The CECC Commander Chen, President Tsai and DPP (Democratic Progressive Party) had been rewarded with high political support for their well performance in fighting the Covid-19 virus. However …
Written by Ian Inkster. On 28 May, just after the Taiwanese authorities had apparently rejected outright Beijing’s offer to supply Covid 19 vaccines to Taiwan, Hsiao Bi-khim was urgently requesting from the USA ‘access to safe and effective vaccines.’ By 3 June, we knew that Sinovac and Sinopharm vaccines had been approved by both WHO and Covax Facility for distribution to other nations, that many millions of vaccines have been sent out from China to Africa and Asia, and that whatever the political interpretation, these vaccines were offered early to Taiwan free of charge.
Written by Chih-Wei Chen. Over the past 18 months, the whole world has been severely challenged by the COVID-19 pandemic, which caused enormous numbers of infections and deaths, as well as economic recessions worldwide. Many countries took a series of actions to contain the spread of coronavirus, such as large-scale lockdowns and the provision of economic stimulate. Taiwan has often been positioned as a success story in terms of pandemic management. It did this largely by harnessing the national digital power, the core of which lies in the flexible and meaningful employment of technologies in governance, and supporting this with comprehensive policy planning for the whole society.
Written by John F. Copper. The recent economic news emanating from Taiwan is the impressive growth in its gross domestic product (GDP)—one of the basic indicators of economic vitality. This is certainly good to hear. After experiencing negative growth throughout most of 2020, conditions changed in the last quarter of the year. As a result, Taiwan even bested China’s GDP growth. Furthermore, the upward trend accelerated this year, with GDP expansion the highest in two decades. If this growth is sustained, 2021 will end with a welcomed 5 per cent or better rise.
Written by Daouda Cissé. Since the beginning of the Covid-19 pandemic, China has exerted its influence at home and abroad through providing personal protective equipment (PPE), masks, medical equipment and so on. Due to its capacity to manufacture such equipment based on its past experience to survive other pandemics, it seems that China was a bit more prepared than other countries to face the Covid-19 pandemic.
Written by Chieh-chi Hsieh. Yes, I get it. Not many can resist a bold and eye-catching title. However, if you supplement this with an articulated argument underpinned with a fair amount of empirical evidence, one can expect the article to reach a broader readership. Yet, the underlying issue of placing a bold statement at the forefront is that it is frequently misleading. This is precisely why I am sceptical about the recent article published by The Economist, which states Taiwan as ‘the most dangerous place on Earth.’
Written by Julien Laporte. Following the closing of Taiwan international borders in the time of the Covid-19 pandemic, the Tao people have seen an unexpectedly high number of visitors on their territory. Since 2020, they have been experiencing the consequences of that overtourism that calls for respectful and sustainable tourism.
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.