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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.
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.
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.
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.
Raising the Minimum Wage Does Not Increase Unemployment
It makes sense for Taiwan’s businesses to support wage increases. Here’s why.
A Belated Fight With Covid-19 Offers Taiwan an Opportunity To Build a More Equal Society
Covid-19 has increased economic inequality and racial discrimination. Will Taiwan address these problems?
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.
Taiwan’s China Dependency Is a Double-Edged Sword
As a major hub in global supply chains, Taiwan’s trade relationship with China depends on U.S. policy towards China and supply chain reform.
Taiwan’s Economy Is Growing Fast. Workers Still Await Their Share.
While Taiwan’s GDP per capita is escalating, wages have remained stagnant. It doesn’t have to be this way.
Asian Economies To Shrink for First Time in 60 Years
Due to the devastating and prolonged effects of Covid-19, Asian economies are expected to end the year in negative territory for the first time since the 1960s, according to a new report by the Asian Development Bank.