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Taiwan's Political & Economic System
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Taiwan's Political & Economic System

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Taiwan's Political & Economic System

Taiwan's Political & Economic System

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  • 1. TAIWAN’S POLITICAL AND ECONOMIC SYSTEM
  • 2. Political Establishment
    • Type: Multi-party democracy
    • Stable
    • Continued relationship with China
    • Certain parts of Taiwan is uncertain if they should remain part of China or as an independent state
  • 3. Economy
    • Private ownership.
    • Adopt a free economic system
    • Economy grows rapidly
    • Increase employment and private consumption
    • Free trade agreements
    • Small and medium-sized businesses make up a large proportion of businesses in Taiwan
    • Taiwan’s technological economy is striving due to it’s advancements. Companies like HTC have moved vast and beyond the boundaries of it’s nation into a world class operator which creates mobile phones for one and all to enjoy.
  • 4. Economy
    • -Gross domestic product : $430 billion. -Unemployment :4.29%. -Services: (67.1% of GDP). - Industry (31.3% of GDP). Types: electronics and flat panel products, chemicals and petrochemicals, basic metals, machinery, textiles, transport equipment, plastics, machinery . - Trade :  Exports --$274.6 billion . Types: electronics, optical and precision instruments, information and communications products, textile products, basic metals, plastic and rubber products.  
  • 5. Economy
    • Natural resources: Small deposits of coal, natural gas, limestone, marble, and asbestos.
    • Agriculture (1.6% of GDP):  Major products --pork, rice, fruit and vegetables, flowers, sugarcane, poultry, shrimp, eel.
  • 6. Conclusion
    • Taiwan has a stable political system and a flexible economic system
    • Taiwan’s attraction for investment, tourism and many others have proved investors that Taiwan is the place the gateway to a better tomorrow.
  • 7. THANK YOU :D