Taiwan in 2005
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Case Code: ECOA133 Case Length: 19 Pages Period: - Pub Date: 2005 Teaching Note: Not Available |
Price: Rs.400 Organization : - Industry : - Countries : Tiwan Themes: - |
Abstract Case Intro 1 Case Intro 2 Excerpts
Excerpts
The Economy
After its independence in 1945, the state played a dominant role in Taiwan's economic development although the private sector was also encouraged. From the mid-1970s, private business became more independent...
Industry
In the 1950s and 60s, Taiwan's main strength had been its abundant supply of cheap labor. Consequently, labor-intensive industries, which produced consumer goods such as foodstuffs and textiles, at first largely for domestic consumption but after 1960, increasingly for export dominated...
Foreign Trade
Foreign trade had been the engine of Taiwan's rapid growth during the past 50 years. The export oriented economy depended on an open world trade regime and remained highly vulnerable to downturns in the world economy..
Relations with China
Taiwan's relations with China remained volatile and a subject of intense media speculation. Giant loudspeakers inside a military base on the tip of Kinmen (also known as Quemoy), a tiny island controlled by Taiwan still broadcast music across the 2km (1.2 mile) stretch of water to Xiamen. The original purpose of these broadcasts, which began in 1949, was to undermine the mainland's faith in communism and help to extend Taiwan's government to the whole of China. China's loudspeakers had been silent since 1991. It had also been decades since the two sides had lobbed artillery shells at each other's broadcasting facilities...
The Road Ahead
Late April 2005 saw a visit to the mainland by Lien Chan, Chen's chief political opponent and chairman of Taiwan's Kuomintang (KMT). As millions of Taiwanese and Chinese watched on television, Chinese President Hu Jintao shook hands with the opposition leader at a lavish state reception in Beijing...
Exhibits
Exhibit 1: Taiwan
Exhibit 2: Economic Data
Exhibit 3: Taiwan's GDP Growth
Exhibit 4: Taiwan's Foreign Direct Investment in China
Exhibit 5: Taiwan's Trade with China
Exhibit 6: Products Made by Taiwanese Companies, 2003 World Market Share
Exhibit 7: Taiwan's Tech Clout - Where the Island's Industries Rank Globally
Exhibit 8: Defence Spending as % of GDP
Exhibit 9: Changes in Taiwanese/Chinese Identity
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