Written by Chieh-Ting Yeh. In 2005, I understood the FTA to be an aspirational long-shot—something that we can press for but not something we should expect to see in the foreseeable future. Recent developments such as the 21st Century Trade Initiative are milestones for sure, but milestones to mark just the beginning of a long road for a true free trade agreement with the US, as well as meaningful participation in regional trade blocs.
Written by The Fengze Strategy. Taiwan’s 2024 presidential election is approaching. Although candidates from different major parties have yet to stand out representing their parties, economic development has been considered an essential issue in every campaign. Some political entrepreneurs thought that democratic values could not be sufficient for economic development; in other words, citizens who prefer economic development the most would consider the so-called democratic value to be “a castle in the sand”. In this article, we will examine the presidential elections in Taiwan from 1996 to 2020 through the basic factor of economic development, the gross domestic product (GDP).
Written by Daniel Jia. In late 2021, international investors felt a real chill from China: China’s real estate giant, China Evergrande Group, defaulted on interest payments on US$1.2B offshore bonds. The Evergrande trouble was shocking, but it was only the tip of a monstrous China iceberg, toward which the Titanic of international investors are headed. What would follow in 2023 and beyond? Is Taiwan prepared?
Written by Tsung-Mei Cheng. Chronic financial instability and the difficulty the government has with raising the premium rate to balance the budget aside, the NHI faces myriad other challenges, including rising patient-consumer expectations and demands for ever more and better health care, the high cost of new medical technology and its coverage, provider payment reform, health care workforce shortages, ageing of the population, building long term care, etc.
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.
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.
