Taiwan

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Case Details:

Case Code : ECOA113
Case Length : 18 Pages
Period : 2003
Organization : -
Pub Date : 2003
Teaching Note :Not Available
Countries : Taiwan
Industry : -

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Introduction

Known as the silicon valley of the East, Taiwan's progress in the last few decades had been remarkable. A small country with a population of 23 million, Taiwan imported nearly all of its energy, most raw materials and various manufactured goods and agricultural items. Despite these disadvantages, hard work and sound economic management had built the country into an economic powerhouse. Taiwan enjoyed a GDP of $10,644.2 billion and a per capita Gross National Product (GNP) of $12,870¹ in 2001. The Taiwanese model of development had become a case study for many developing countries.

Economics | Case Study in Management, Operations, Strategies, Business Strategy, Case Studies

Taiwan's educated work force, advanced infrastructure, strategic location and a highly pro-business environment made it an excellent place to invest. A significant portion of Taiwan's economy was still controlled by the government, but privatization and liberalization had gathered momentum. The Taiwanese authorities had been reducing tariff and non-tariff barriers as part of the country's accession to the World Trade Organization (WTO). Restrictions on financial institutions were gradually being lifted...

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1] www.gio.gov.tw

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