In many respects, Taiwan is very well-positioned for smooth development of its insurance market. Among the positive basic characteristics are a well-educated and prosperous population with per capita national income last year of US$19,315. Calculated by purchasing power parity, per capita GDP comes to US$45,900. Taiwan also has a high gross national savings rate of…

In an increasingly unfavorable overall environment of declining exports and anemic domestic consumption, Taiwan needs to be taking advantage of all possible ways to reinvigorate its economy. One policy suggestion that appears on almost every list of potential solutions is to heighten Taiwan’s capability to attract foreign direct investment. Although FDI is often mainly thought…

The annual talks under the U.S.-Taiwan Trade and Investment Framework Agreement (TIFA) provide an invaluable platform for high-level dialogue on relevant issues in the interest of further strengthening the bilateral economic relationship. The Taiwan delegation to these TIFA Council meetings is headed by a Vice Minister of Economic Affairs and the American side by a…

Each year since 1996 – usually shortly after release of the Taiwan White Paper – AmCham Taipei has organized a week-long “Doorknock” mission to Washington, D.C. to exchange views with U.S. government executive agencies, Congressional offices, think tanks, and others concerned with U.S.-Taiwan bilateral economic relations. The trip is always extremely useful. It gives AmCham…

For two days in late January, a total of 173 delegates – government officials, legislators, scholars, business leaders, and representatives of civic groups – attended a National Energy Conference called by the Ministry of Economic Affairs. The group debated the crucial issue facing Taiwan following President Ma Ying-jeou’s decision last year to suspend construction of…

In recent years Taiwan has made great strides in bolstering its protection of intellectual property rights (IPR) by passing new legislation, tightening enforcement, and raising awareness among judges and prosecutors of the importance of the issue. The improvements in copyright, patent, and trademark protection – and in the past few years of trade secrets –…