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Impact of the Global Economic Crisis on Taipei,China’s Industrial Structure and Firm Activity

Impact of the Global Economic Crisis on Taipei,China’s Industrial Structure and Firm Activity

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Given the dominance of small and medium-sized enterprises (SMEs) in Taipei,China (97.6% of business establishments, and 77.1% of employment), it is of vital importance to develop ways to aid SMEs in surviving the current global economic crisis. Indeed, the government can utilize this crisis to reform and strengthen SMEs so they can continue to be the backbone of Taipei,China’s economy. This paper discusses the strengths and weaknesses of SMEs in Taipei,China. Policy recommendations are presented to address the weaknesses of SMEs, including short-run and long-run approaches.

Download this working paper: http://www.adbi.org/working-paper/2011/11/22/4802.impact.gec.taipei.china.industrial.structure.firm/
Given the dominance of small and medium-sized enterprises (SMEs) in Taipei,China (97.6% of business establishments, and 77.1% of employment), it is of vital importance to develop ways to aid SMEs in surviving the current global economic crisis. Indeed, the government can utilize this crisis to reform and strengthen SMEs so they can continue to be the backbone of Taipei,China’s economy. This paper discusses the strengths and weaknesses of SMEs in Taipei,China. Policy recommendations are presented to address the weaknesses of SMEs, including short-run and long-run approaches.

Download this working paper: http://www.adbi.org/working-paper/2011/11/22/4802.impact.gec.taipei.china.industrial.structure.firm/

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Published by: Asian Development Bank Institute on Nov 22, 2011
Copyright:Traditional Copyright: All rights reserved

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05/12/2014

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