Taiwan has become one of the world’s most successful economies over the past several decades, thanks to its favorable economic policies and proximity to China. With a gross domestic product (GDP) of $1.075 trillion in 2014, the country’s economy is the 20th largest in the world by purchasing power parity (PPP), making it extremely important […]

Strategic reinvention from manufacturing efficiency to innovation and hi-tech

Over the past 60 years, the Republic of China, known as Taiwan, went from being a largely rural society to becoming a fully industrialized country, a global leader in communications technology and the 22nd –largest economy in the world, a success achieved by no other developing nation in the latter half of the twentieth Century. […]