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The strategies adopted by Taiwan in response to the global financial crisis, and Taiwan's role in Asia-Pacific economic integration

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  • Wang, Jiann-Chyuan

Abstract

The global financial crisis that began in 2008 exposed weaknesses in Taiwan's industrial structure and in the structure of its foreign trade; it also pointed out the importance of industrial upgrading and transformation if Taiwan is to remain economically competitive. The aim of this paper is to explore the strategies that Taiwan has adopted in response to the global economic crisis, and the medium- and long-term strategies that Taiwan will need to adopt in the face of the trend towards economic integration in the Asia-Pacific region.

Suggested Citation

  • Wang, Jiann-Chyuan, 2010. "The strategies adopted by Taiwan in response to the global financial crisis, and Taiwan's role in Asia-Pacific economic integration," Japan and the World Economy, Elsevier, vol. 22(4), pages 254-263, December.
    • Handle: RePEc:eee:japwor:v:22:y:2010:i:4:p:254-263
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    References listed on IDEAS

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    1. Johan Hauknes, "undated". "Technological infrastructures and innovation policies," STEP Report series 199909, The STEP Group, Studies in technology, innovation and economic policy.
    2. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
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    1. Nargiza Alymkulova & Nurlan Atabaev & Junus Ganiev, 2016. "Var — analysis of global financial economic crisis impact on public budget and unemployment: evidence from the economy of the Kyrgyz republic," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1090-1101.
    2. Chiao-Lee Chu & Nozuko Lawana, 2021. "Decomposition of income-related inequality in health check-ups services participation among elderly individuals across the 2008 financial crisis in Taiwan," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-14, June.
    3. Alymkulova Nargiza Bakytovna & Atabaev Nurlan Uzgenovich & Ganiev Junus Mashrapovich, 2016. "Var - analysis of Global financial economic crisis impact on public budget and unemployment: evidence from the economy of the Kyrgyz Republic," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», vol. 12(4), pages 1090-1101.
    4. Wu, Chiu-Hui & Ding, Cherng G. & Jane, Ten-Der & Lin, Hang-Rung & Wu, Cheng-Ying, 2015. "Lessons from the global financial crisis for the semiconductor industry," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 47-53.

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