Author Profile :
Roy Ngerng (鄞義林) writes on social issues and equality. He was named a Human Rights Defender by the United Nations and believes that human rights and social justice will enable fairer, happier, and more compassionate societies.
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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.
Raising the Minimum Wage Does Not Increase Unemployment.
It makes sense for Taiwan’s businesses to support wage increases. Here’s why.
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.
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.
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.
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.
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.
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.
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.
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.