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.
2022/03/15 |
Raising the Minimum Wage Does Not Increase Unemployment.
It makes sense for Taiwan’s businesses to support wage increases. Here’s why.
2022/01/18 |
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.
2022/02/17 |
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.
2022/06/17 |
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.
2022/12/01 |
The DPP Lost Because Taiwanese Livelihoods Have Not Improved
The DPP once had ambitions to usher in a new era, not only politically, but also economically. Now a lack of a social welfare program is costing the DPP local elections.
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.
2022/02/09 |
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.
2022/05/12 |
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.
2022/01/13 |
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.
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.
2022/09/21 |
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.