TaiwanTaiwan

May 8th 2008

Lauren McGraw & Jerry Petersen

OverviewOverview• Where is Taiwan located?Where is Taiwan located?

• People/ Social CulturePeople/ Social Culture

• Work/educationWork/education

• History History

• PoliticsPolitics

• HistoryHistory

• EconomyEconomy

• IndustryIndustry

Where is Taiwan Where is Taiwan located?located?• Island in East Asia governed by Island in East Asia governed by

the Republic of Chinathe Republic of China

• SurroundedSurrounded

by the pacific oceanby the pacific ocean

• 240 miles long 240 miles long

90 miles wide 90 miles wide

75 Miles off the Coast of China

General Geographical FactsGeneral Geographical Facts

• An Island in the Northern part of the South China An Island in the Northern part of the South China SeaSea– Approximately 14,000 sq. miles in areaApproximately 14,000 sq. miles in area– Home to 22.9 million peopleHome to 22.9 million people– Largely the population is Chinese in origin.Largely the population is Chinese in origin.– Coordinates of Taipei: 25 03 N, 121 30ECoordinates of Taipei: 25 03 N, 121 30E

• Former known as Formosa (beautiful island)Former known as Formosa (beautiful island)• The Taiwan Strait which separates it from The Taiwan Strait which separates it from

mainland China is about 100 miles wide.mainland China is about 100 miles wide.• Steep mountains rise quickly from the eastern Steep mountains rise quickly from the eastern

side, but slope gradually down to a broad coastal side, but slope gradually down to a broad coastal plain in the western part of the island.plain in the western part of the island.

22,920,946 (July 2008 22,920,946 (July 2008 est.)est.)•0-14 years:0-14 years: 17.3% (male 17.3% (male

2,057,458/female 1,900,449) 2,057,458/female 1,900,449) 15-64 years:15-64 years: 72.3% (male 72.3% (male 8,362,038/female 8,204,834) 8,362,038/female 8,204,834) 65 years and over:65 years and over: 10.5% 10.5% (male 1,167,476/female (male 1,167,476/female 1,228,691)1,228,691)

People/CulturePeople/Culture

• Family-building block of Chinese Family-building block of Chinese societysociety

• Most of the population lives in the Most of the population lives in the citycity

• Average family 5-6 membersAverage family 5-6 members

• Tend to marry laterTend to marry later

Work/EducationWork/Education• ““Nose to the grindstone” ethicNose to the grindstone” ethic

• Taught music and English before Taught music and English before entering pre-schoolentering pre-school

• Grade schooler’s-full day of school, Grade schooler’s-full day of school, extra-curricular, a night of homeworkextra-curricular, a night of homework

• Must cram all knowledge in before Must cram all knowledge in before junior highjunior high

Education cont.Education cont.

• ““Cram Life” starts to increase in junior Cram Life” starts to increase in junior highhigh

• Students must prepare for brutal testsStudents must prepare for brutal tests

• Tests determine which high school they Tests determine which high school they attendattend

• Tested again to compete for a few Tested again to compete for a few precious seats in the best universitiesprecious seats in the best universities

Education contEducation cont

• Graduate schoolGraduate school

• Top 3 careersTop 3 careers

Electrical engineerElectrical engineer

Computer ProgrammerComputer Programmer

Business PersonBusiness Person

Work Hard, Save HardWork Hard, Save Hard

• Money is saved away for the major Money is saved away for the major purchases in lifepurchases in life

• Main Goal is the Three Great Main Goal is the Three Great AcquistionsAcquistions

A houseA house

A carA car

A sonA son

Fangtze, chetze, ertzeFangtze, chetze, ertze

SONSON of aof a

• Preference for male offspringPreference for male offspring

• Carry on the family nameCarry on the family name

• Take care of the deceased ancestorsTake care of the deceased ancestors

• PRIDEPRIDE

Brief History of TaiwanBrief History of Taiwan

• Before 1600’s Malay-Polynesian decent were the only inhabitants of Before 1600’s Malay-Polynesian decent were the only inhabitants of Taiwan. They refered to the island as Pakan.Taiwan. They refered to the island as Pakan.

• In 1590, first Western Ship passed by the island. Named Ilha In 1590, first Western Ship passed by the island. Named Ilha Formasa by a Dutch Navigator. Formasa by a Dutch Navigator.

• 1662 Dutch were defeated by Cheng Cheng-Kung, a Chinese Pirate, 1662 Dutch were defeated by Cheng Cheng-Kung, a Chinese Pirate, loyal to the Ming Dynasty.loyal to the Ming Dynasty.

• 1895 Taiwan was handed over to Japan in military defeat.1895 Taiwan was handed over to Japan in military defeat.– Educational system to same level and style of JapanEducational system to same level and style of Japan– Infrastructure, trains, roads, industry were developed extensivelyInfrastructure, trains, roads, industry were developed extensively

• 1945, Taiwan was given back to China1945, Taiwan was given back to China• 1949, Nationalist fleeing defeat in the PRC civil war went to Taiwan1949, Nationalist fleeing defeat in the PRC civil war went to Taiwan

– 2 million Chinese came at this time.2 million Chinese came at this time.• 1952-1972 Kuomintang build Taiwan up economically1952-1972 Kuomintang build Taiwan up economically• 1971 Nixon announced One China Policy1971 Nixon announced One China Policy

– Bad News for an independent TaiwanBad News for an independent Taiwan• 1996 First Presidential election by the people of Taiwan1996 First Presidential election by the people of Taiwan

EconomyEconomy• GDP -$375.6 Billion (2007)GDP -$375.6 Billion (2007)• GDP (PPP)- $690.1 Billion (2007)GDP (PPP)- $690.1 Billion (2007)• GDP(PPP) per capita -$29,800GDP(PPP) per capita -$29,800

– Compared to $46,000 in USCompared to $46,000 in US– Approximately 5 times the GDP per capita Approximately 5 times the GDP per capita

of PRCof PRC

• GDP Real Growth Rate-5.5% (2007 GDP Real Growth Rate-5.5% (2007 est.)est.)

• FDI Home- $92.83 BillionFDI Home- $92.83 Billion

Economy Economy

• FDI Abroad- $108.9 BillionFDI Abroad- $108.9 Billion– China is the #1 destination for FDIChina is the #1 destination for FDI

• Market Value of Shares=$654 BillionMarket Value of Shares=$654 Billion– 4% of US Market Value of Shares4% of US Market Value of Shares

• Labor Force- 10.78 millionLabor Force- 10.78 million• Unemployment is less than 4%Unemployment is less than 4%• China is the largest export market for TaiwanChina is the largest export market for Taiwan

– 24% of exports go to China24% of exports go to China• Japan is the number one importer to TaiwanJapan is the number one importer to Taiwan

– 21% of imports come from Japan21% of imports come from Japan• Agricultural ProductsAgricultural Products

– Rice, corn, vegetable, fruit, tea, pigs, poultry, beef, milk, fish.Rice, corn, vegetable, fruit, tea, pigs, poultry, beef, milk, fish.• Population below poverty line - 0.95%Population below poverty line - 0.95%

IndustryIndustry

• Electronics, petroleum refining, armaments, chemicals, Electronics, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, and processing, vehicles, consumer products, and pharmaceuticals.pharmaceuticals.– High-tech products account for 70% of the exports in High-tech products account for 70% of the exports in

20072007– Worlds largest supplier of Notebook PCs and LCD panels Worlds largest supplier of Notebook PCs and LCD panels

for televisions.(Gov’t)for televisions.(Gov’t)• Many fear overreliance on manufacturing for other Many fear overreliance on manufacturing for other

brandsbrands– Innovation and the building of independent brands is a Innovation and the building of independent brands is a

key solution to this problem.key solution to this problem.• Industrial Production Growth Rate=7.5%Industrial Production Growth Rate=7.5%• One of the first to build an Asia urban-industrialOne of the first to build an Asia urban-industrial

PoliticsPolitics

• Taiwan was the first constitutional republic Taiwan was the first constitutional republic in Asia. in Asia.

• A multi-party democracy since early 1990sA multi-party democracy since early 1990s• From 1949-1996,it was an authoritarian From 1949-1996,it was an authoritarian

one party system led by Nationalist Party.one party system led by Nationalist Party.• The Democratic Progressive Party and the The Democratic Progressive Party and the

Nationalist Party are the two main parties.Nationalist Party are the two main parties.• Taipei is the Nation’s capital.Taipei is the Nation’s capital.

ConstitutionConstitution• Based on the Three Principles of the PeopleBased on the Three Principles of the People

– 1.Nationalism1.Nationalism• Equal treatment, sovereign international status for the countryEqual treatment, sovereign international status for the country

– 2. Democracy2. Democracy• Assures every individual the right to political and civil libertiesAssures every individual the right to political and civil liberties

– 3. People’s livihood3. People’s livihood• Powers granted to the government must ultimately serve the Powers granted to the government must ultimately serve the

welfare of the people by building strong and prosperous welfare of the people by building strong and prosperous economy and a fair, just society.economy and a fair, just society.

• Guarantees the freedoms of speech, residence, travel, Guarantees the freedoms of speech, residence, travel, assembly & confidential communication, religion, & assembly & confidential communication, religion, & associationassociation

• Other rights & Freedoms will be protected so long as Other rights & Freedoms will be protected so long as they do not violate social order or public interest.they do not violate social order or public interest.

Central Central GovernmentGovernment• Five BranchesFive Branches

– 1.Executive Yuan1.Executive Yuan• Eight MinisitriesEight Minisitries

– Interior, Foreign Affairs, National Defense, Finance, Education, Justice, Economic affairs, Interior, Foreign Affairs, National Defense, Finance, Education, Justice, Economic affairs, and Transportation and communicationsand Transportation and communications

– 2. Legislative Yuan2. Legislative Yuan• Highest legislative body of the state, popularly elected representatives who serve Highest legislative body of the state, popularly elected representatives who serve

for three years and are eligible for reelection. 255 members elected in 2001. for three years and are eligible for reelection. 255 members elected in 2001. – 3. Judicial Yuan 3. Judicial Yuan

• Highest judicial body of the stateHighest judicial body of the state• The Council of Grand Justices as its main body. The Seventh Council of Grand The Council of Grand Justices as its main body. The Seventh Council of Grand

Justices consists of 15 grand justices, including the president and vice president of Justices consists of 15 grand justices, including the president and vice president of the Judicial Yuan.the Judicial Yuan.

– 4.Examination Yuan4.Examination Yuan• Responsible for the examination, employment, and management of all civil service Responsible for the examination, employment, and management of all civil service

personnel in the Republic of Chinapersonnel in the Republic of China– 5. Control Yuan 5. Control Yuan

• Responsible for correcting government officials at all levels and monitoring the Responsible for correcting government officials at all levels and monitoring the government through the powers of impeachment, censure, and audit.government through the powers of impeachment, censure, and audit.

Questions??Questions??