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Impact of the Global Economic Crisis on Taipei,China’s Industrial Structure and Firm Activity

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  • Hou, Jack W.

    (Asian Development Bank Institute)

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    Abstract

    Given the dominance of small and medium-sized enterprises (SMEs) in Taipei,China (97.6% of business establishments, and 77.1% of employment), it is of vital importance to develop ways to aid SMEs in surviving the current global economic crisis. Indeed, the government can utilize this crisis to reform and strengthen SMEs so they can continue to be the backbone of Taipei,China’s economy. This paper discusses the strengths and weaknesses of SMEs in Taipei,China. Policy recommendations are presented to address the weaknesses of SMEs, including short-run and long-run approaches.

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    File URL: http://www.adbi.org/files/2011.11.22.wp323.impact.gec.taipei.china.industrial.structure.firm.pdf
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    Bibliographic Info

    Paper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 323.

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    Length: 30 pages
    Date of creation: 22 Nov 2011
    Date of revision:
    Handle: RePEc:ris:adbiwp:0323

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    Keywords: sme; global economic crisis; industrial organization;

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    1. Scott Fuess & Jack Hou, 2009. "Rapid Economic Development and Job Segregation in Taiwan," Journal of Family and Economic Issues, Springer, vol. 30(2), pages 171-183, June.
    2. Jack W. Hou & Shinichi Ichimura & Seiji Naya & Lars Werin & Leslie Young, 1995. "Pacific Rim Trade And Development: Historical Environment And Future Prospects," Contemporary Economic Policy, Western Economic Association International, vol. 13(4), pages 1-25, October.
    3. Jagdish Bhagwati & Arvind Panagariya & T. N. Srinivasan, 2004. "The Muddles over Outsourcing," International Trade 0408004, EconWPA.
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