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.
2021/11/03 |
Do Civil Servants in Taiwan Earn Twice as Much as Private Sector Workers?
The mystery of how much Taiwan’s civil servants earn shows the government to be unserious about transparency and raising wages.
2021/10/28 |
10 Misconceptions About Raising the Minimum Wage in Taiwan
Don’t believe the fearmongers. A low minimum wage is a political choice, not an economic necessity.
2021/09/29 |
Taiwan’s Wages Are So Low Because Business Profits Are Too High
It is time for Taiwan to restore balance in the economy by lifting the minimum wage significantly. If the government does not do so, it is like asking workers to sacrifice as they struggle to afford the cost of living.
2021/09/02 |
Raise the Minimum Wage Now to Fix Taiwan’s Lopsided Economy
Taiwan has lost 20 to 30 years to transition to a higher-value innovation-led economy. If it wants to be strong, it is time to increase wages significantly.
2021/07/01 |
The Economic Roots of Racism in Singapore
Ethnic minorities have become scapegoated by rising economic inequality in Singapore.