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Short title of the presentation

Taiwan economics miracle: the role of small and medium enterprises


The Economics of Central and Eastern Europe
Winter semester 2014/2015

Pin-chieh.Chu.
2015.01.19

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Agenda

Brief history of Taiwan


Taiwan economics miracle
The role of SMEs
The contribution of SMEs
Questions

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Brief history of Taiwan

Brief history of Taiwan


Prehistory before 1624
Dutch Formosa
16241662

Spanish Formosa
16261642
Pre: base for agriculture
Zheng dynasty
16621683
Qing dynasty
16831895

production,
Infrastructures: railway, harbor,
water conservation, electricity
Post-colonial period: arms
industry

Japanese colonial period


18951945
Republic of China (R.O.C)
since 1945
1949 KMT government retreated to Taiwan
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Taiwan economics miracle

Post-war reconstruction (1945-1952)


1st period of Import Substitution (1953-1962)
Export-Driven Industrial Development (1961-1972)
2nd period of Import Substitution and Export-Driven
Industrial Development (1973-1984)
Technology-intensive development and Industry
Transformation (1985-1996)
Knowledge-based economy with opening market
(1997~now)

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The role of SMEs

Number of Enterprises by Industry and Enterprise Size:97.64%


Total Sales Value by Industry and Enterprise Size:29.44 %
Domestic Sales Value by Industry and Enterprise Size:34.58 %
Export Sales Value by Industry and Enterprise Size:14.48 %
Total Employment by Industry and Enterprise Size:78.30%
Number of Paid Employees by Industry and Enterprise Size:72.40%

In every stage of TW economy development

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The contribution of SMEs


More market competition
More entrepreneurs created
Stabilized the society
Local economic prosperity

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Questions

Did SMEs also help the economy of the transition of


CEE
any obstacles?
How do you think TW SMEs and change for chinas
Magnet effect?

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