Professional Documents
Culture Documents
Case Study
Case Study
Presentation
Group 3
2
TAIWAN
(Republic of
China)
3
1.
Transition headline
Let’s start with the first set of slides
“ -
-
It has an area of 36,188 sq. km (13,972 sq. miles,
it is shaped like a leaf that is narrow at both ends
and similarly a sweet potato.
SHORT HISTORY
People
- With a population 23
million, it is composed of 4
ethnic or subethnic groups.
ECONOMY
▸ 7th largest economy in Asia and the 21th largest economy in the world in
terms of Gross Domestic Product based on International Monetary Fund
2018 statistics.
▸ According to World Trade Organization, Taiwan was the 16th largest exporter
and the 18th largest importer of merchandise in 2017.
▸ Its foreign reserves are the world’s 5th largest, behind those of China, Japan,
Saudi Arabia, and Switzerland. (2017)
▸ Taiwan has a dynamic capitalist and export-dependent economy
8
Economic History
▸ Several centuries ago, the island was a major trading center
in East Asia.
▸ The first step towards industrialization was land reforms,
“developing industry through agriculture and developing
agriculture through industry”
▸ Taiwan moved from cheap, labor-intensive manufactures into
an expansion of heavy industry and infrastructure in the
1970s.
▸ By the 1980s, the economy was becoming increasingly open
and the government moved towards privatization of
government enterprises
9
Economic Development
LEADING INDUSTRIES
11
SEMICONDUCTOR INDUSTRY
AGRICULTURE
ORGANIZATION
ORGANIZATION
▸ The Governor and Deputy
Governors - The Governor is
the Chairman of the Board of
Directors. The Governor is Tzung-Ta Yen
appointed for a term of 5
years and may be
reappointed when the term
expires. 2 Deputy Governors
assist the Governor in
handling the Bank’s affairs.
Chin-Long Yang
Nan-Kuang
Chen
21
BANK SUPERVISION and SUPERVISORY
STRUCTURE
▸ Supervisory Process
The Bank conducts targeted examinations to ensure the compliance of the Bank's
regulations
1. On-site targeted examination
2. Off-site targeted monitoring
MONETARY POLICY
MONETARY POLICY
Reserve
Requirement
Re-deposits of
Financial Institution
.
Currency in Circulation
24
Foreign Exchange
25
MONETARY POLICY
TAIWAN PHILIPPINES
1. Open Market Operations 1. Open Market Operations
2. Discount Window Policy under 2. Acceptance of term-deposits
this we have the discounts
3. Standing Liquidity Facilities
and short-term
accommodations 4. Rediscounting
3. Reserve Requirement 5. Reserve Requirement
4. Re-deposits of Financial 6. Reserve Repurchase Facility
Institution
5. Selective Credit Control
27
ORGANIZATION
TAIWAN PHILIPPINES
OBJECTIVES
TAIWAN PHILIPPINES
Financial Stability
Promoting low and stable
Guiding sound banking inflation
operations