IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789814618519_0004.html
   My bibliography  Save this book chapter

Taiwan in the Global Economy — End of the “Miracle”?

In: Economic Development of Taiwan Early Experiences and the Pacific Trade Triangle

Author

Listed:
  • Frank S T Hsiao
  • Mei-Chu Wang Hsiao

Abstract

Although geographically rather small, Taiwan is anything but insignificant in the global economy, especially Taiwanese people's contributions in the field of information and communication technology (ICT). This paper discusses Taiwan from the vantage point of the global economy, using some of Taiwan's macroeconomic and competitiveness indicators to compare and rank them with other countries and regions based on the data from world organizations. Time-series data of the past two decades suggest that the postwar Taiwanese economic miracle may have been over after the early 1990s. We conclude that Taiwan's economy is at a crossroads. The Ma government policy of further promoting closer ties with China, instead of attending to basic reforms, may not be the best path for the Taiwanese economy.

Suggested Citation

  • Frank S T Hsiao & Mei-Chu Wang Hsiao, 2015. "Taiwan in the Global Economy — End of the “Miracle”?," World Scientific Book Chapters, in: Economic Development of Taiwan Early Experiences and the Pacific Trade Triangle, chapter 4, pages 237-263, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814618519_0004
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789814618519_0004
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789814618519_0004
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789814618519_0004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.