Peter Dunne writes – Taiwan and New Zealand are two small island states with much in common. Both are vibrant, independent democracies, living in the shadow of an overbearing neighbour. (Admittedly, Taiwan’s overbearing neighbour has far more aggressive tendencies than our at-times overbearing neighbour!) There is a strong free trade agreement between the two countries […]
How NZ and Taiwan differ in disaster preparedness
How NZ and Taiwan differ in disaster preparedness
06 Apr 2024 Leave a comment
in economics of natural disasters, politics - New Zealand Tags: Taiwan
Taiwanese demographic transition was driven by rising incomes so China’s was decades early
18 Nov 2019 Leave a comment
in development economics, economic history, economics of love and marriage, growth disasters, growth miracles, Marxist economics, Public Choice Tags: China, demographic transition, economics of fertility, Taiwan, The Great Escape
Evolution of Metros in China & Taiwan: 1990 – 2020
31 May 2018 Leave a comment
in development economics, economic history, growth miracles, transport economics, urban economics Tags: China, Taiwan
Chinese, Hong Kong, Taiwanese and Japanese billionaires by source of wealth
24 Feb 2016 Leave a comment
in development economics, economic history, entrepreneurship, financial economics, growth miracles, industrial organisation, rentseeking, survivor principle Tags: billionaires, China, entrepreneurial alertness, Hong Kong, Japan, superstar wages, superstars, Taiwan
Surprisingly few billionaires in any of the 4 countries obtained their wealth through political connections. Founding a company seems to be still the path of great wealth even in Japan these days. Hong Kong is a financial centre so the large number of billionaires in its financial sector is no surprise.
He who is first is now last: real GDP per capita of the East Asian Tigers since 1950
05 Nov 2015 1 Comment
in development economics, economic history, growth miracles Tags: East Asian Tigers, Hong Kong, Japan, Singapore, South Korea, Taiwan
Japan has gone first to be last having been just overtaken in the last year or two by South Korea on a per capita real GDP basis, PPP. The Lost Decade certainly has taken its toll on Japanese relative prosperity. Singapore overtook Japan in the 1970s – a testament to the Singapore miracle. Hong Kong too overtook Japan on a purchasing power basis in the mid-1990s followed not long after by Taiwan. Singapore is seriously rich.
Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/
Utopia, you are standing in it! 
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