Тайвань экономикасы: Даму жолы мен жетістіктері

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The economy of Taiwan is a highly developed free market economy. It is the 8th largest in Asia and 20th largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary Fund. Taiwan is notable for its rapid economic development from an agriculture based society to an industrialised, high income country. This economic growth has been described as the Taiwan Miracle. It is gauged in the high income economies group by the World Bank. Taiwan is one of the most technologically advanced computer microchip and high tech electronics industries makers in the world.

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. In 1949, over two million Kuomintang supporters fled to the island following the loss of Mainland China in the Chinese Civil War. The sudden increase in population also affected Taiwan's economy. Facing the economic pressure, the Kuomintang regime established several economic plans and policies. The first step towards industrialization was land reforms, a crucial step in modernizing the economy, as it created a class of landowners with the capital they could invest in future economic endeavors. US aid was also important in stabilizing post war Taiwan, and it constituted more than 30 percent of domestic investment from 1951 to 1962. These factors, together with government planning and universal education, brought rapid advancements in industry and agriculture, and living standards. The economy shifted from an agriculture based economy (32% of GDP in 1952) to an industry oriented economy (47% of GDP in 1986). Between 1952 and 1961, the economy grew by an average of 9.21% each year. Because of the financial policy by the Central Bank of the Republic of China (Taiwan) and its entrepreneurial strengths, Taiwan suffered little from the financial crisis of 1997 1999 compared to other economies in the region.

As of 2021, the three highest paid sectors in Taiwan include telecommunication service, financial services, and information services. The economy of Taiwan ranked the highest in Asia in the 2015 Global Entrepreneurship Index (GEI). With the technocracy centered economic planning until 1987, real growth in GDP has averaged about 8% during the past three decades. Exports have grown since World War II, with inflation and unemployment staying low and foreign reserves being the world's fourth largest. Directorate General of Budget, Accounting and Statistics and Ministry of Economic Affairs release major economic indicators of the economy of Taiwan. Taiwan now faces many of the same economic issues as other developed economies. With the prospect of continued relocation of labor intensive industries to economies with cheaper workforces, such as in mainland China, the Philippines, and Vietnam, Taiwan's future development will have to rely on further transformation to a high technology and service oriented economy. In recent years, Taiwan has successfully diversified its trade markets, cutting its share of exports to the United States from 49% in 1984 to 20% in 2002. Taiwan's dependence on the United States should continue to decrease as its exports to Southeast Asia and mainland China grow, and its efforts to develop European markets produce results. Taiwan's accession to the WTO and its desire to become an Asia Pacific "regional operations center" are spurring further economic liberalization. The economy of Taiwan is facing economic marginalization in the world economy de internationalization and lower salaries. This results in human resource talents seeking career opportunities elsewhere. Businesses in Taiwan suffer most from being the size of small and medium enterprises, which impedes attempts at economic transformation in Taiwan by the Taiwanese government. The indirect tax system of the economy of Taiwan comprises Gross Business Receipts Tax (GBRT) (gross receipts tax) and value added tax (VAT). The economy of Taiwan is ranked 15th overall in the Global Top 20 Top Destination Cities by International Overnight Visitors (2014) by the MasterCard 2014 Global Destination Cities Index.

Taiwan recovered quickly from the global financial crisis of 2007–2010, and its economy has been growing steadily since. Its economy faced a downturn in 2009 due to a heavy reliance on exports which in turn made it vulnerable to world markets. and continued dropping to a 40 month low of 4.18% by the end of 2011. The average salary has also been rising steadily for each month in 2010, up 1.92% from the same period in 2009. Industrial output for November 2010 reached another high, up 19.37% from a year earlier, indicating strong exports and a growing local economy. Private consumption is also increasing, with retail sales up 6.4% compared to 2009. After 10.5% economic growth in 2010, the World Bank expected growth to continue and reach 5% for 2011. According to the National Development Council, Taiwan's economy declined in May 2019 due to the ongoing China–United States trade war.

Foreign trade has been the engine of Taiwan's rapid growth during the past 40 years. Taiwan's economy remains export oriented; thus, it depends on an open world trade regime and remains vulnerable to downturns in the world economy. The total value of trade increased over fivefold in the 1960s, nearly tenfold in the 1970s, and doubled again in the 1980s. The 1990s saw a more modest, slightly less than twofold, growth. Export composition changed from predominantly agricultural commodities to industrial goods (now 98%). The electronics sector is Taiwan's most important industrial export sector and is the largest recipient of United States investment. Taiwan is a member of numerous trade agreements, with China, Japan, USA, the European Union, and Hong Kong as top 5 trade partners in 2010. Taiwan has one of the world's lowest fertility rate and high housing prices. Labor shortages, falling domestic demand, and declining tax revenues are concerns as Taiwan's population decline is faster than other advanced economies. As an island economy with a lack of natural resources and comparatively lower domestic aggregate demand, Taiwan's highly educated human resources would contribute greatly to Value added Innovation management for expanding Taiwan's international trade. Taiwan, as an independent economy, became a member of the World Trade Organization (WTO) as Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (often shortened to "Chinese Taipei" both names resulting from PRC interference in the WTO) in January 2002. In a 2011 report by Business Environment Risk Intelligence (BERI), Taiwan ranked third best globally for its investment environment. Taiwan is the world's largest supplier of contract computer chip manufacturing (foundry services) and is a leading LCD panel manufacturer, DRAM computer memory, networking equipment, and consumer electronics designer and manufacturer. Imports are dominated by raw materials and capital goods, which account for more than 90% of the total. Taiwan imports most of its energy needs. The United States is Taiwan's third largest trading partner, taking 11.4% of Taiwanese exports and supplying 10.0% of its imports. at the Organisation for Economic Co operation and Development (OECD) and International Energy Agency (IEA) as Member under the acronym of Chinese Taipei, and a member of International Chamber of Commerce as Chinese Taipei. Taiwan signed Economic Cooperation Framework Agreement with People's Republic of China on 29 June 2010. Taiwan has also signed free trade pacts with Singapore and New Zealand. Taiwan applied for the membership in the Asian Infrastructure Investment Bank in 2015. The Economic Cooperation Framework Agreement (ECFA) with the People's Republic of China was signed on 29 June 2010, in Chongqing. It could potentially widen the market for Taiwan's exports. However, the true benefits and impacts brought by ECFA to Taiwan's overall economy are still in dispute. The newly signed agreement will allow for more than 500 products made in Taiwan to enter mainland China at low or no tariffs. As of 2021, Taiwan's exports to the People's Republic of China (including Hong Kong) totaled about US$270 billion per year, which is equivalent to more than 40% of Taiwan's total GDP. The government is also looking to establish trade agreements with Singapore and the United States.

Industrial output has gradually decreased from accounting for over half of Taiwan's GDP in 1986 to just 31% in 2002. These industries are in the pre mature stage of the manufacturing industry in various global economic competitions, and growing from the over reliance from the original equipment manufacturer and original design manufacturer models. The Institute for Information Industry is responsible for the development of the IT and ICT industry in Taiwan. Industrial Technology Research Institute is the advanced research center for applied technology for the economy of Taiwan. The art industry is significant with sales worth $225.4 million made domestically in 2019. Taiwanese collectors and artists are also prominent in the global art market. The "e Taiwan" project launched by the government seeks to use US$1.83 billion to improve the information and communications infrastructure in Taiwan in five major areas: government, life, business, transport, and broadband. The program seeks to raise industry competitiveness, improve government efficiency, and improve the quality of life, and aims to increase the number of broadband users on the island to 6 million. The economy of Taiwan is a partner in the Global Value Chains of Electronics Industry. Electronic components and personal computer are areas of international strength of Taiwan's Information Technology industry. Taiwan has a growing startup sector.

Taiwan is a major producer of sporting goods with NT$59.8 billion of production in 2020, 40–50% of production is indoor fitness equipment. Taiwan is the global leader in golf equipment with 80% of global production concentrated in the country. The four largest golf OEM are all Taiwanese, however, these firms are increasingly selling products under their own brands. The Taiwanese bicycle industry is significant. Production peaked at ten million units a year in the 1980s but declined as low end production moved abroad and domestic manufactures moved upmarket. Giant Bicycles and Merida Bikes are the largest Taiwanese bicycle manufacturers. Mountain bikes and ebikes make up much of contemporary production. In 2022 the bicycle industry hit a record $6 billion US in revenue.

The semiconductor industry, including IC manufacturing, design, and packing, forms a major part of Taiwan's IT industry. Due to its strong capabilities in OEM wafer manufacturing and a complete industry supply chain, Taiwan has been able to distinguish itself from its competitors. The sector output reached US$39 billion in 2009, ranking first in global market share in IC manufacturing, packaging, and testing, and second in IC design. In 1987, TSMC pioneered the fabless foundry model, reshaping the global semiconductor industry. From ITRI's first 3 inch wafer fabrication plant built in 1977 and the founding of UMC in 1980, the industry has developed into a world leader with 40 fabs in operation by 2002. Although the global financial crisis from 2007 to 2010 affected sales and exports, the industry has rebounded with companies posting record profits for 2010. The international industrial forecast of semiconductor manufacturing, which is the flagship industry of the economy of Taiwan that faces immense competition ahead with its American counterparts. By 2020 Taiwan was the unmatched leader of the global semiconductor industry with Taiwan Semiconductor Manufacturing Company (TSMC) alone accounting for more than 50% of the global market.

Taiwan's information technology industry has played an important role in the worldwide IT market over the last 20 years. However, with the government's focus on development of expertise with high technology, along with marketing and management knowledge to establish its own industries, companies such as TSMC and UMC were established. The industry used its industrial resources and product management experience to cooperate closely with major international suppliers to become the research and development hub of the Asia Pacific region. Taiwan phased out tariffs on IT products since 1 January 2002. Taiwan is a hub for global computing, telecommunications, and data management with a number of large server farms operating in the country. Google's data center in Changhua is believed to be the largest in Asia. Taiwan is well connected to the global undersea fiber optic cable network and serves as a substantial traffic interchange.

Agriculture has served as a strong foundation for Taiwan's economic miracle. It contributes 3% to GDP and the service sector makes up 73% of the economy. After retrocession from Japan in 1945, the government announced a long term strategy of "developing industry through agriculture, and developing agriculture through industry". As such, agriculture became the foundation for Taiwan's economic development during early years and served as an anchor for growth in industry and commerce. Whereas in 1951, agricultural production accounted for 35.8% of Taiwan's GDP, Since its accession into the World Trade Organization and the subsequent trade liberalization, the government has implemented new policies to develop the sector into a more competitive and modernized green industry. Although only about one quarter of Taiwan's land area is suitable for farming, virtually all farmland is intensely cultivated, with some areas suitable for two and even three crops a year. However, increases in agricultural production have been much slower than industrial growth. Agricultural modernization has been inhibited by the small size of farms and the lack of investment in better facilities and training to develop more profitable businesses. Taiwan's main crops are rice, sugar cane, fruits (many of them tropical), and vegetables. Although self sufficient in rice production, Taiwan imports large amounts of wheat, mostly from the United States. Meat production and consumption have risen sharply, reflecting a high standard of living. Taiwan has exported large amounts of frozen pork, although this was affected by an outbreak of hoof and mouth disease in 1997. Other agricultural exports include fish, aquaculture, and sea products, canned and frozen vegetables, and grain products. Imports of agriculture products are expected to increase due to the WTO accession, which is opening previously protected agricultural markets.

Due to the lack of natural resources on the island, Taiwan is forced to import many of its energy needs (currently at 98%). Imported energy totaled US$11.52 billion in 2002, accounting for 4.1% of its GDP. Although the industrial sector has traditionally been Taiwan's largest energy consumer, its share has dropped in recent years from 62% in 1986 to 58% in 2002. The island is also heavily dependent on imported oil, with 72% of its crude oil coming from the Middle East in 2002. Although the Taiwan Power Company (Taipower), a state owned enterprise, is in charge of providing electricity for the Taiwan area, a 1994 measure has allowed independent power producers (IPPs) to provide up to 20% of the island's energy needs. Indonesia and Malaysia supply most of Taiwan's natural gas needs. Although Taiwan's per capita energy use is on par with neighboring Asian countries, in July 2005 the Ministry of Economic Affairs announced plans to cut 170 million tons of carbon dioxide emissions by 2025. In order to further reduce emissions, the government also plans to increase energy efficiency by 2% each year through 2020. The government has already built 155 sets of wind turbines capable of producing 281.6 MW of electricity, and additional projects are planned or under construction. Renewable energy accounts for 6.8% of Taiwan's energy usage as of 2010.

Taiwan, as of 2017, is the world's thirteenth largest steel exporter. In 2018, Taiwan exported 12.2 million metric tons of steel, a one percent increase from 12.0 million metric tons in 2017. Taiwan's exports represented about 3 percent of all steel exported globally in 2017, based on available data. The volume of Taiwan's 2018 steel exports was one sixth that of the world's largest exporter, China, and nearly one third that of the second largest exporter, Japan. In value terms, steel represented just 3.6 percent of the total amount of goods Taiwan exported in 2018. Taiwan exports steel to more than 130 countries and territories. Over the decade from 2009 to 2019, Taiwan grew its steel exports by 24%. In 2018, the US imported 300,000 metric tons of pipe and tube products. Taiwan has developed a vast export trade to its most proximate neighbors in flat products. Taiwan's stainless steel exports numbered 2018 about 500,000 metric tons. Taiwan is the fourth largest exporter of machine tools and machine tool components in the world. The greater Taichung area is home to a cluster of machine tool manufacturers. Taiwanese company Techman Robot Inc. is the world's second largest producer of cobots. The automotive industry in Taiwan is significant, with Taiwanese firms increasingly invested in automotive electrification; 75% of Tesla, Inc.’s suppliers are Taiwanese.

In 2017, Taiwan exported one hundred and sixty two yachts. In 2018 Taiwan was the fourth largest yacht building nation by feet of yacht built after Italy, The Netherlands and Turkey. Taiwan is one of the largest fishing nations on earth and the associated fish processing industry is also significant.

Active labour market policies were carried out in Taiwan in the late 20th and early 21st centuries as a result of economic structural changes caused by globalization and deindustrialization. Unemployment increased and reached approximately 5% in 2002 and 2009. The Multi Faceted Job Creation Program, first introduced in 1999, creates job in the third sector groups, especially in nonprofit organizations. The Public Sector Temporary Employment Creation Program directly addressed the 2008 financial crisis. Unlike the Multi Faceted Job Creation Programs, the Public Sector Temporary Employment Creation Program creates jobs in the government itself. From 2008 to 2009, the government was estimated to create 102,000 job opportunities through that program. The act defined the standard work week as 40 labor hours with an eight hour limit per day, permitting an overtime included maximum of forty eight labor hours per week. As a result of feminist ideals becoming more prevalent with women seeking equal work conditions in modern societies such as Taiwan, even marital status policy and immigration policy have been affected as women seek less patriarchal roles to the point where Taiwanese men have sought higher rates of transnational marriages since the 1990s.