Wages
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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 Slow-Growing Minimum Wage for Manufacturing Labour is Dragging its Economy Behind
Taiwan’s suppressed minimum wages have made its manufacturing profits grow one of the fastest among advanced countries but, at the same time, hampered Taiwan’s overall economic 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.
OPINION: China's '31 Incentives' Should Be a Wake-Up Call for Taiwan
China's lures fuel a sense of insecurity in Taiwan, but many resolvable economic and societal problems lie closer to home.
The Bitter Truth: Why Asia's Tigers Suffer while the Nordics Thrive (Part 1)
In the first of a 5 part series, Justin Hugo looks at how statistics suggesting the Asian Tiger economies have caught up with their Scandinavian counterparts mask a more sobering wage-based reality.
It's Time to Return Taiwanese Workers What They Rightfully Earn
Business groups simply do not want to show any respect when it comes to raising their workers’ wages, and it's time to start protecting workers in Taiwan.
Taiwan’s ‘Grim Truth’: Vicious Low Wage, Low Productivity Cycle Crippling Workers and Companies
As Taiwanese businesses are unwilling to increase wages for the want to hold onto their profits, they are also complicit in causing themselves to lose demand, and therefore their business sustainability. The government needs to act.
Curing the ‘Ghost Island’: Why Taiwan Needs Basic Income
Sun Yat-sen believed that the benefits from natural resources, monopolies and property should be shared amongst all citizens. This is precisely the philosophy behind UBI, argues Tyler Prochazka.