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ECFA Debate
The Economic Cooperation Framework Agreement Television Debate was a televised debate between the President of the Republic of China, Ma Ying-jeou, who is also chairman of the Nationalist Party (Kuomintang), and the chairperson of Democratic Progressive Party, Tsai Ing-wen, which aired on April 25, 2010. The term ''The Meeting of the Two Yings'' originates from the first character of both leaders' personal names (). The debate was on the ECFA and related issues, and was broadcast on Sunday of April 25, 2010 by the Public Television Service. This was the first time the Republic of China President held a policy debate with the opposition. Ma himself also claimed the debate to be a first between the president and the opposition party chairperson. Debate Basic The debate consisted of three parts and lasted for a duration of 142 minutes in total. It focused on the proposed economic agreement between Taiwan and Mainland China called the ECFA. Ma represents the Kuomintang party in g ...
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Ma Ying-jeou
Ma Ying-jeou ( zh, 馬英九, born 13 July 1950) is a Hong Kong-born Taiwanese politician who served as president of the Republic of China from 2008 to 2016. Previously, he served as justice minister from 1993 to 1996 and mayor of Taipei from 1998 to 2006. He served as chairman of the Kuomintang (KMT) from 2005 to 2007 and from 2009 to 2014. Ma first won the presidency by 58.45% of the popular vote in the presidential election of 2008, and was re-elected in 2012 with 51.6% of the vote. He was sworn into office as president on 20 May 2008, and sworn in as the Chairman of the Kuomintang on 17 October 2009; he resigned as chairman of Kuomintang on 3 December 2014. Ma's term as president saw warmer relations with Mainland China. He became the first ROC leader to meet with an incumbent General Secretary of the Chinese Communist Party ( PRC top leader) when he met Xi Jinping in Singapore in November 2015. Both leaders addressed each other using the honorific '' Xiansheng'' (Chine ...
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Taoyuan City
Taoyuan () is a special municipality (Taiwan), special municipality of the Taiwan, Republic of China (Taiwan) located in northwestern Taiwan, neighboring New Taipei City to the north-east, Yilan County, Taiwan, Yilan County to the south-east, and Hsinchu County to the south-west. Taoyuan District is the seat of the municipal government and which, along with Zhongli District, forms a large Taoyuan–Zhongli metropolitan area, metropolitan area. Taoyuan developed from a satellite city of Taipei metropolitan area to become the List of metropolitan areas in Taiwan, fourth-largest metropolitan area, and fifth-largest populated city in Taiwan. "Taoyuan" literally means "peach garden" in Chinese, since the area used to have many peach trees. Formerly Counties of Taiwan, a county, Taoyuan became the most recent special municipality in 2014. Taoyuan City is home to many industrial parks and tech company headquarters. Due to the city's proximity to Taipei, and the lower cost of livi ...
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Economy Of China
The China, People's Republic of China has an upper middle income Developing country, developing Mixed economy, mixed socialist market economy that incorporates economic planning through Industrial policy, industrial policies and strategic Five-year plans of China, five-year plans. —Xu, Chenggang. "The Fundamental Institutions of China’s Reforms and Development." Journal of Economic Literature, vol. 49, no. 4, American Economic Association, 2011, pp. 1076–151, . —Nee, Victor, and Sonja Opper. "Political Capital in a Market Economy." Social Forces, vol. 88, no. 5, Oxford University Press, 2010, pp. 2105–32, . —Shue Tuck Wong & Sun Sheng Han (1998) Whither China's Market Economy? The Case of Lijin Zhen, Geographical Review, 88:1, 29-46, —Gregory C. Chow (2005) The Role of Planning in China's Market Economy, Journal of Chinese Economic and Business Studies, 3:3, 193-203, —HUA, HUANG. "The Market Economy in China." Security Dialogue, vol. 24, no. 2, Sage Publications ...
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Economy Of Taiwan
The economy of Taiwan is a highly developed market economy. It is the 8th largest in Asia and 18th-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary Fund. It is gauged in the high-income economies group by the World Bank. Taiwan is one of the most technologically advanced computer microchip makers in the world. History Taiwan has transformed itself from a recipient of U.S. aid in the 1950s and early 1960s to an aid donor and major foreign investor, with investments primarily centered in Asia. Private Taiwanese investment in mainland China is estimated to total in excess of US$150 billion, and official tallies cite Taiwan as having invested a comparable amount in Southeast Asia. : during the early Qing Dynasty, the preceding Ming dynasty supporters survived for a brief period of time in exile in Taiwan, and in 1949, as the Chinese Communist Party gained control of mainland China, ...
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Ministry Of Economic Affairs (Republic Of China)
The Ministry of Economic Affairs (MOEA; ) is the ministry of the Republic of China (Taiwan) responsible for formulating policy and laws for industry and trade, foreign direct investment, energy, minerals, measurement standards, intellectual property, state-owned enterprises. The ministry is a cabinet level government agency of the Executive Yuan. The executive agency promotes industrial and economic policies which allows economic activity and growth, increased employment and investments in sector which are critical to Taiwan's economy. Taiwan's main exports are electronics, computers, telecommunications equipment, industrial design services and creative industries/culture. History MOEA was initially established in June 1931 as National Economic Council by the Executive Yuan. In December 1931, the council was merged with other organizations to create the Ministry of Basic Industries. In December 1937, the ministry was reorganized as the Ministry of Economic Affairs. The MOEA con ...
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Job Security
Job security is the probability that an individual will keep their job; a job with a high level of security is such that a person with the job would have a small chance of losing it. Many factors threaten job security: globalization, outsourcing, downsizing, recession, and new technology, to name a few. Basic economic theory holds that during periods of economic expansion businesses experience increased demand, which in turn necessitates investment in more capital or labor. When businesses are experiencing growth, job confidence and security typically increase. The opposite often holds true during a recession: businesses experience reduced demand and look to downsize their workforces in the short term. Governments and individuals are both motivated to achieve higher levels of job security. Governments attempt to do this by passing laws (such as the U.S. Civil Rights Act of 1964) which make it illegal to fire employees for certain reasons. Individuals can influence their degree o ...
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White-collar Worker
A white-collar worker is a person who performs professional, desk, managerial, or administrative work. White-collar work may be performed in an office or other administrative setting. White-collar workers include job paths related to government, consulting, academia, accountancy, business and executive management, customer support, design, engineering, market research, finance, human resources, operations research, marketing, public relations, information technology, networking, law, healthcare, architecture, and research and development. Other types of work are those of a grey-collar worker, who has more specialized knowledge than those of a blue-collar worker, whose job requires manual labor. Etymology The term refers to the white dress shirts of male office workers common through most of the nineteenth and twentieth centuries in Western countries, as opposed to the blue overalls worn by many manual laborers. The term "white collar" is credited to Upton Sinclair, an Amer ...
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Capital Outflow
Capital outflow is an economic term describing capital flowing out of (or leaving) a particular economy. Outflowing capital can be caused by any number of economic or political reasons but can often originate from instability in either sphere. Regardless of cause, capital outflowing is generally perceived as undesirable and many countries create laws to restrict the movement of capital out of the nations' borders (called capital controls). While this can aid in temporary growth, it often causes more economic problems than it helps. # Massive capital outflow is usually a sign of a greater problem, not the problem itself. # Countries with outflow restrictions can find it harder to attract capital inflows because firms know if an opportunity goes sour they won't be able to recover much of their investment. # Governments that institute capital controls inevitably send a signal to their citizens that something might be wrong with the economy, even if the laws are merely a precautionary ...
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Free Trade Agreement
A free-trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur when two countries agree to loosen trade restrictions between the two of them, generally to expand business opportunities. Multilateral trade agreements are agreements among three or more countries, and are the most difficult to negotiate and agree. FTAs, a form of trade pacts, determine the tariffs and duties that countries impose on imports and exports with the goal of reducing or eliminating trade barriers, thus encouraging international trade. Such agreements usually "center on a chapter providing for preferential tariff treatment", but they also often "include clauses on trade facilitation and rule-making in areas such as investment, intellectual property, government procurement, technical standards and sanitary and phytosanitary i ...
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Chinese Reunification
Chinese unification, also known as the Cross-Strait unification or Chinese reunification, is the potential unification of territories currently controlled, or claimed, by the People's Republic of China ("China" or "Mainland China") and the Republic of China ("Taiwan") under one political entity, possibly the formation of a political union between the two republics. Together with full Taiwan independence, unification is one of the main proposals to address questions on the political status of Taiwan, which is a central focus of Cross-Strait relations. Background In the year 1895, the Manchu Qing dynasty of China lost the First Sino-Japanese War and was forced to cede Taiwan and Penghu to the Empire of Japan after signing the Treaty of Shimonoseki. In 1912, the Qing dynasty was overthrown and was succeeded by the Republic of China (ROC). Based on the theory of the succession of states, the ROC originally lay claim to the entire territory which belonged to the Qing dynasty ...
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Taiwan Independence
Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. The territories controlled by the ROC consist of 168 islands, with a combined area of . The main island of Taiwan, also known as ''Formosa'', has an area of , with mountain ranges dominating the eastern two-thirds and plains in the western third, where its highly urbanised population is concentrated. The capital, Taipei, forms along with New Taipei City and Keelung the largest metropolitan area of Taiwan. Other major cities include Taoyuan, Taichung, Tainan, and Kaohsiung. With around 23.9 million inhabitants, Taiwan is among the most densely populated countries in the world. Taiwan has been settled for at least 25,000 years. Ancestors of Taiwanese indigenous peoples settled the island around 6,000 ...
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