1. LECTURER: JACK WU JACKWU@NCCU.EDU.TW 吳文傑 Taiwan Economy

2. How big is Taiwan’s Economy (GDP)? RankingCountryRankingCountryRankingCountry 1USA11Canada21Iran 2China12Australia22Sweden 3Japan13Spain23Norway 4Germany14Mexico24Poland 5France15Korea25Belgium 6UK16Indonesia26Argentina 7Brazil17Turkey27Taiwan 8Russia18Netherlands28Austria 9Italy19Saudi Arabia 29South Africa 10India20Switzerland30UAE

3. The Ranking of GDP per capita (2014) CountryGDP/per capita CountryGDP/per capita CountryGDP/per capita Luxembourg103187Ireland48940Israel35702 Switzerland82178Netherlands44333UAE35392 Qatar78829UK44118Japan32481 Norway76266Canada43935Kuwait29983 USA55904Austria43547Italy29847 Singapore53224Finland42159Brunei27759 Australia51642HK42097Korea27513 Denmark51424Germany41267Spain26327 Iceland51068Belgium40456Bahamas24394 San Marino49139France37728Bahrain23899 Sweden48966New Zealand36963Taiwan22083

4. GDP Per Capita (PPP) world ranking 2014 CountryPPPCountryPPPCountryPPP Qatar137162USA54370Canada44967 Luxembourg97639Saudi Arabia52311Denmark44625 Singapore83066Ireland51284Iceland44029 Brunei79890Bahrain49020Oman43847 Kuwait70686Netherlands47960Belgium43139 Norway67166Austria46640Finland40661 UAE66347Australia46550France40538 San Marino60887Sweden46219UK39826 Switzerland58149Germany46216Japan37519 HK55097Taiwan46036Korea35379

5. GDP per capita (2014) (Asia Pacific) NominalPPP Singapore5322483066 Australia5164246550 HK4209755097 New Zealand3696335305 Japan3248137519 Korea2751335379 Taiwan2208346036 Malaysia1007325145 China828013224 Thailand542615579 Indonesia341210651

6. The Most Wealthiest Countries by Global Finance Magazine 1.Qatar11. Canada21. Belgium 2. Luxembourg12. Austria22. Japan 3. Singapore13. Ireland23.UK 4. Norway14. Netherlands24. Finland 5. Brunei15. Sweden25. France 6. Hong Kong16.Iceland26. Korea 7.USA17. Taiwan27. Israel 8. UAE18. Germany28. Saudi Arabia 9.Switzerland19. Kuwait29. Bahamas 10.Australia20. Denmark30. New Zeland

7. Credit Suisse Ranking of Net Wealth of Middle Class 1. Australia11.Austria21 Arab Emirates 2. Luxembourg12.Canada22. Taiwan 3. Japan13. France23. Germany 4. Italy14.Norway24.Sweden 5. Belgium15.Finland25. Cyprus 6. UK116.New Zealand26. Kuwait 7. UK217. Netherlands27. USA 8. Iceland18.Ireland 9. Singapore19.Qater 10. Switzerland20.Spain

8. Global Competitiveness Index 1-1011-2021-30 SwitzerlandNorwayAustralia SingaporeTaiwanLuxembourg FinlandQatarFrance GermanyCanadaMalaysia USADenmarkKorea SwedenAustriaBrunei Hong KongBelgiumIsrael NetherlandsNew ZealandIreland JapanUnited Arab EmiratesChina UKSaudi ArabiaPuerto Rico

9. Income Distribution and Government Debt (Asia Pacific) Gini CoefficientDebt ratio Singapore48111.4 Japan38214.3 Hong Kong5330 South Korea3133.7 Taiwan3436 Malaysia4655 China4731.7 Thailand4043.3 Australia3029 New Zealand3641.8

10. Top Export Countries RankingCountryRankingCountry 1China11Italy 2USA12Canada 3Germany13Spain 4Japan14Singapore 5France15Saudi Arabia 6Korea16Mexico 7Netherlands17UAE 8Russia18India 9HK19Switzerland 10UK20Taiwan

11. Top Import Countries RankingCountryRankingCountry 1USA11Netherlands 2China12Italy 3Germany13Thailand 4Japan14Mexico 5UK15Russia 6France16Spain 7Korea17Belgium 8India18Switzerland 9HK19Taiwan 10Canada20Australia

12. Which Ones are Taiwanese Companies? FoxconnHon HaiTSMCFormosa Plastic Co. HTCACERASUSTrend Micro MASTER KONGWANT-WANTGIANTSYNNEX MAXXIS85 CADVANTECHMERIDA D-LINKUNI-PRESIDENTZYXELJOHNSON CYBERLINKTRANSCENDDELTAWOWPRIME

13. Major Economic Indicator of Taiwan Year GDP Per Capita(US$) GDP Growth Rate(%) Average GDP Growth Rate(10 year,%) Unemployment Rate(%) CPI Growth Rate(%) AverageCPI Growth Rate(%) Gini coefficient Foreign reserve(billion US$) 197039311.409.41.703.603.40.294 19759784.90-2.405.20-0.312 198023857.809.81.2319.0010.40.277 1985329013.50-2.91-0.20-0.290225.6 199081243.807.71.674.103.10.312724.4 1995129186.38-1.793.70-0.317903.1 2000147045.806.22.991.302.60.3261067.4 200113147-1.65-4.57-0.01-0.3501222.1 2002134045.26-5.17-0.20-0.3451616.6 2003137733.67-4.99-0.28-0.3432066.3 2004150126.19-4.441.62-0.3382417.4 2005160514.70-4.132.30-0.3402532.9 2006164915.44-3.910.60-0.3392661.5 2007171545.98-3.911.80-0.3402703.0 2008173990.73-4.143.53-0.3412917.1 200916359-1.873.25.85-0.870.90.3453482.0 2010185034.72-5.21-0.96-0.3423820.1 2011200064.07-5.391.42-0.3423855.5 2012203861.32-4.241.93--4031.7 Source: Directorate-General of Budget, Accounting and Statistics, Statistic Abstract of National Income, Executive Yuan, Taiwan.

14. Before Takeoff Japanese Colonial Era (before 1945) KMT brought 2 million mainlanders (human capital) to Taiwan, 1949 U.S. Aid (1950-1967)

15. Golden Years Export expansion policy, Export Processing Zone, 1965-80 Second import substitute policy, 1975- 80 Ten Public Projects, 1974-1979 High-tech industry, 1980- Financial liberalization, 1990-

16. After Golden Years Open direct investment in China, 1990- Tension between Taiwan and China, 1996-2001 Join World Trade Organization, 2002- Cross-strait Direct Flight, 2008- Sign ECFA with China, 2010-

17. Current Economic Issues Sluggish wage growth Unequal income distribution High housing price Economic Reliance on China

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20. China’s FDI Source (2006) Country(area)NumberRankAmountRank Hong Kong2695551279.7 billion1 Taiwan71847243.8 billion5 USA52211353.9 billion4 Korea43130434.9 billion6 Japan37714557.9 billion2 Virgin island16616657.1 billion3 Singapore15556730.0 billion7 Macau1069786.9 billion11 Canada978895.4 billion12 UK53591013.9 billion8

21. Table 1 Bilateral Trade across the Strait 21