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…

In the recently released 2015 Index of Economic Freedom conducted by the Washington, D.C.-based think tank The Heritage Foundation in association with the Wall Street Journal, Taiwan received its best score ever, ranking as the world’s 14th freest economy (up two places from last year) and fifth in the Asia-Pacific. The exercise measures such factors…