Taiwan depends on semiconductors both economically and geopolitically, but how resilient is the chip industry — and should Taiwan stake its economic future on its ‘silicon shield’?
We continue exploring Taiwan’s version of the Dutch disease and the urgent need for diversification and reform in Taiwan’s economy.
Featuring: Alicia García-Herrero, chief economist for the Asia-Pacific at Natixis (@Natixisvideos), and Michael Reilly, a fellow at the Taiwan Research Hub (University of Nottingham/@uniofnottingham) and former director of the British Trade and Cultural Office in Taipei.
📺 For more on semiconductor technology and the global chip race, explore our playlist:
https://youtube.com/playlist?list=PLD2nK6pyrNCyJmWQEhwer1RsYlQT3iGcg&si=R0BtaecZM16FsYAr#CONNECTEDChipIsland #ChipIsland
00:00 Taiwan’s ‘silicon shield’ and its geoplitical significance
01:35 Why Taiwan needs economic diversification
04:32 ICT sector risks and China’s competitive pressure
06:30 Structural reforms are needed alongside diversification
08:29 So, can Taiwan escape the Dutch disease trap?
11:34 Should Taiwan create a sovereign wealth fund?
13:30 What the UK experience can teach Taiwan
14:39 How Australia managed its resource dependence
16:41 How deregulation could help Taiwan’s small businesses
18:19 Final thoughts
#TaiwanEconomy #Semiconductors #SiliconShield
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