profits
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- Taiwan
- profits
- Wages
- manufacturing sector
- non-manufacturing sector
- minimum wage
- GDP
- economy
- household expenditure
Taiwan’s Focus On Low-Cost Manufacturing Has Led to a Lack of Innovation in Its Economy
Taiwan’s manufacturing profits are growing disproportionately faster than non-manufacturing profits, which has resulted in a loss of innovation and diversity in the economy.
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.