2022/09/21 |
Taiwan’s Economic Slowdown (Part 2): Taiwan’s High Profit Margins Mask Its Slow Economic Growth
Taiwan’s high profits are eating into labor’s share of the economic pie — and hampering growth.
2022/09/07 |
Taiwan’s Economic Slowdown (Part 1): Taiwan’s Wages Are Growing Too Slowly to Allow Profits Grow
Taiwan’s issue isn’t that consumer prices are growing too quickly. It’s that wages are growing too slowly.
2022/08/24 |
What Singapore’s 377A Repeal Is About: Entrenching the PAP’s Conservative Rule
Behind the facade of an advance for the LGBT community in Singapore is an attempt to shore up both a homophobic agenda and the ruling People’s Action Party’s rule.
2022/07/19 |
Taiwan’s Lost Growth (Part 3): Taiwan’s Economy and Profits Have Stagnated Because Wages Have Not Recovered from the 1997 Crisis
The 1997 Asian financial crisis is a distant memory to most countries. But Taiwan hasn’t fully recovered from it because wages have been kept low.
2022/06/17 |
Taiwan’s Lost Growth (Part 2): How Stagnant Wages are Throttling the Economy
Taiwan has one of the lowest GDP growths since 1995 among emerging economies. This is not going to change if wages don’t grow.
2022/05/12 |
Taiwan’s Lost Growth (Part 1): How Far Has Taiwan’s Economy Fallen Behind Other Countries Due To Stagnant Wages?
When wages don’t grow, household expenditures and ultimately business profits stagnate as well. Here’s how this has played out in Taiwan.
2022/03/15 |
Raising the Minimum Wage Does Not Increase Unemployment.
It makes sense for Taiwan’s businesses to support wage increases. Here’s why.
2022/02/17 |
Taiwan’s Minimum Wage Is Not Adequate for Its Cost of Living
Taiwan’s low minimum wage has contributed to half of workers earning less than what they need to have a basic standard of living.
2022/02/11 |
Lithuania’s Minimum Wage Is More Adequate for Its Cost of Living Than Taiwan’s
Though lower in nominal terms, Lithuania’s minimum wage is more adequate for its cost of living than Taiwan’s, and catching up fast.
2022/02/09 |
Taiwan’s Minimum Wage is One of the Lowest In Its League
Taiwan is a wealthy country. Its recently instituted minimum wage hike does not compare favorably with its international counterparts.
2022/01/18 |
Taiwan’s GDP per Capita May Surpass Japan’s and South Korea’s—But Don’t Start Celebrating Yet.
Though the GDP per capita in Taiwan may be on pace to grow, few gains will be felt by workers.
2022/01/13 |
Taiwan’s Businesses Are Increasing Prices To Earn Higher Profits
Average consumers will take a hit, while businesses will continue to earn high profits from the recent price increases.
2021/12/21 |
Minimum Wage Increases Are Not Just About Low-Income Workers. Here’s Why.
The minimum wage in Taiwan matters to workers across all wage levels.
2021/12/07 |
Taiwan’s Businesses Can Afford to Contribute More to Social Security
Taiwan’s employers not only pay low wages to workers but also contribute little to the country’s social security. It is one of the lowest among high-income countries as a proportion of the economy.
2021/11/30 |
A Higher Minimum Wage Won’t Lead To Higher Unemployment in Taiwan
Despite what you may hear from business interest lobbyists, the historical data shows no clear correlation between a growing minimum wage and a higher unemployment rate.
2021/11/25 |
NT$25,250 Is Still Not Enough for a Basic Standard of Living in Taiwan
President Tsai increased the minimum wage by a larger percentage in six years than her predecessors in their full eight-year terms, but this is not good enough.
2021/11/18 |
Taiwan’s Minimum Wage Is Not Catching Up With Consumer Prices
Taiwan’s workers need to be aware that it is not the increases in wages that are causing prices to rise. Businesses are increasing prices whether wages increase.
2021/11/10 |
Business Groups Are Campaigning Against Taiwan’s Minimum Wage Increase. Don’t Let Them Succeed.
There’s been a campaign waged by business groups against a minimum wage hike in Taiwan. Don’t fall for what they’re saying.