The Economic Impact of COVID-19 Outbreaks in Migrant Workers’ (MW) Dormitories in Singapore and Taiwan 

Written by Jackson Teh. In crux, we should note the link between the general public’s health, both physically and mentally, with that of the migrant workers: only when local community cases are stable, and their sentiments positive, are migrant workerss allowed to move around and go to work; only when migrant workerss move around and go to work, can they feel better and hopeful about themselves and the future. Therefore, the mental well-being of both groups in a country must not be seen as isolated variables. 

Cashing in Taiwan’s Chips: Trade Deals and Divergent Interests from Washington and Tokyo

Written by Shihoko Goto. The momentum for Taiwan to be an integral part of the global economic community is reaching unprecedented levels. Taiwan’s ability to keep the pandemic at bay when the international community was first gripped by the rapid spread of covid in early 2020 certainly opened the world’s eyes to Taipei’s efficient, capable responses to emergencies. But the disruptions to global supply chains and the recognition of Taiwan dominating the international semiconductor manufacturing market have catapulted Taiwan’s economic standing. At the same time, growing concerns about ensuring the status quo in cross-Strait relations have only raised awareness of the fragile situation that Taiwan finds itself in. The question is whether Taiwan has suitably leveraged its advantages to ensure its economic prospects and safeguard its future.

USA, China, and Taiwan: Post-Endemic Strategies for a New Global Economy

Written by Ian Inkster. Joe Biden’s recent scooping up of the fog of ‘strategic ambiguity,’ the seldom re-specified policy of the USA towards China in the case of an overt attack on Taiwan, was made in haste but has set the tail of the cat alight and its very colour in doubt. In Japan, Biden warned that China was ‘flirting with danger’ and then admitted that the US would defend Taiwan against invasion by China as contra to the Ukraine case. He was then asked directly if the US would defend Taiwan militarily if China invaded, when it has not done so in the invasion of Russia against Ukraine.

Semiconductor Competition: Opportunities for Taiwan

Written by Adhiraaj Anand. The Biden administration has put aside billions of dollars to improve semiconductor manufacturing capabilities in the US, whose global output fell from 37% in 1990 to 12% in 2020. Additionally, the EU Chips Act, proposed in 2022, seeks to make Europe a leader in semiconductor technology and maintain a secure supply of chips by increasing the continent’s market share in the semiconductor industry to 20% by 2030. Japan has similarly unveiled a strategy to promote indigenous semiconductor manufacturing to achieve a 40% global market share in next-generation power semiconductors, which are to be used in emerging technologies such as electric vehicles, by the end of the decade.

How did Malaysia and Taiwan respond to Covid-19? Part II: Pandemic’s Impact on Economy

Written by K. Thiruchelvam. Our earlier article described how governments in Malaysia and Taiwan have responded to the challenges of the COVID-19 pandemic on their health systems. We identified common themes from both countries’ responses to the pandemic and acknowledged the importance of public sector capacities and capabilities in shaping and steering them. This second part of the article will describe how governments in Malaysia and Taiwan have responded to the challenges of the pandemic in their economic sector. 

Policy or Circumstance?: Covid Impacts and Probable Political Economy Outcomes

Written by Ian Inkster. When attempting a summary prediction of Taiwan’s political economy in January of 2019, I admitted that even annual forecasting can look very foolish, especially during the decline in democratic systems perceived at that time and the importance of complex external commercial relations to the country’s growth and welfare. The forecaster turns idiot with awful speed. I asked to be forgiven during the gentle days of Chinese New Year! Like everyone, I did not predict the coming Covid 19.

A Pursuit of Housing Justice?

Written by Chieh-chi Hsieh. If anything is troubling the incumbent government led by the Democratic Progressive Party (DPP), it would not be the external threats imposed by China. On the contrary, China’s continuous assertive actions toward Taiwan have become the DPP government’s greatest asset, enabling the mobilisation of domestic support observed after President Tsai’s National Day speech, which gathered 67.9% of residents’ approval based on a public survey.

Taiwan and the Pandemic: Impact on Businesses and the Economy

Written by Lotta Danielsson. For the first year of the COVID-19 pandemic, Taiwan served as a brilliant example of how best to handle the crisis. Leaning on its experiences during the 2003 SARS epidemic, Taiwan received glowing reviews for its protective measures. Stories about long stays in quarantine hotels and the vigilant surveillance of arriving travellers spread widely online. Donations of high-quality protective gear served as public relations opportunities, culminating with “Made in Taiwan” facemasks worn at the White House. Photos from a crowded live concert in Taipei elicited envy from those still in semi-lockdown elsewhere.

Taiwan’s Boosting Economy Amid the Prolonged Global Pandemic Crisis

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.

Taiwan: The unsinkable Aircraft Carrier sails again?

Written by Arthur Ding. In April, the London based Economist carried several in-depth analyses on Taiwan and US-China relations in the context of China’s increasing assertive policy toward Taiwan. Among them, the one titled “Taiwan: the most dangerous place on Earth” elicited heated debates in Taiwan. Assuming that these analyses are correct, what do these analyses entail?

The Future of Taiwanese industries’ Supply Chain Reallocations Under Covid-19

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.

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