After he took office, President Chen Shui-bian (
Policy questions aside, the economic ministry and its chiefs have failed to perform well, even in the policymaking process itself. For example, each December the ministry holds a meeting on water resources, compiles a report and then makes its forecasts and plans for water resources for the coming year. Last December, however, then minister Lin Hsin-yi (
The ministry has yet to come up with any contingency measures, or show that it is taking steps to prevent similar mishaps. It appears to be hoping that Mother Nature will intervene to solve the current shortage. But the ministry's negligence and slow decision-making left farmers in the lurch. They had already begun cultivating new crops before the ministry awoke to the extent of the drought, and naturally they want the water to bring those crops to fruition. If they are finally ordered to leave their land fallow, the water they have accumulated will be wasted and the cost for the fallow-land plans will rise.
So farmers are angry and so is the industrial sector. Big business is unhappy with the ministry's failure to ensure priority is given to industrial-use water -- thereby threatening the manufacturers that are the foundation of the nation's economy. While the anger builds, the ministry dithers.
The question of whether or not to allow Taiwanese businesses to invest in eight-inch wafer fabs in China is a very technical issue. Even though the principles of "active opening, effective management" cover the lifting of investment restrictions, a special task force has been commissioned to study the issue. It's report is due by the end of the month. However, Lin, as Vice Premier and chairman of the Council for Economic Planning and Development, has hinted that there may be an early announcement. Tsung has also told the legislature that, in terms of allowing investment in China, "the quicker the better." Such comments indicate that the government decided long ago to allow such investments. So the special task force is simply window-dressing.
Timing and correctness are equally important in decision-making. The government's economics team has failed to grasp the gravity of the problems facing it and has little control over the timing of decision-making. Lin and Tsung have demonstrated a lack of professionalism, a lack of judgement and administrative ineptness. Lin especially appears to have been somewhat negligent. They have done much to damage the image of the DPP's political appointees.
The economics ministry doesn't need public relations talent that can paper over criticism from the legislature and media. What it needs are experts that can understand, handle and resolve the problems they are tasked with.
Recently, China launched another diplomatic offensive against Taiwan, improperly linking its “one China principle” with UN General Assembly Resolution 2758 to constrain Taiwan’s diplomatic space. After Taiwan’s presidential election on Jan. 13, China persuaded Nauru to sever diplomatic ties with Taiwan. Nauru cited Resolution 2758 in its declaration of the diplomatic break. Subsequently, during the WHO Executive Board meeting that month, Beijing rallied countries including Venezuela, Zimbabwe, Belarus, Egypt, Nicaragua, Sri Lanka, Laos, Russia, Syria and Pakistan to reiterate the “one China principle” in their statements, and assert that “Resolution 2758 has settled the status of Taiwan” to hinder Taiwan’s
Singaporean Prime Minister Lee Hsien Loong’s (李顯龍) decision to step down after 19 years and hand power to his deputy, Lawrence Wong (黃循財), on May 15 was expected — though, perhaps, not so soon. Most political analysts had been eyeing an end-of-year handover, to ensure more time for Wong to study and shadow the role, ahead of general elections that must be called by November next year. Wong — who is currently both deputy prime minister and minister of finance — would need a combination of fresh ideas, wisdom and experience as he writes the nation’s next chapter. The world that
The past few months have seen tremendous strides in India’s journey to develop a vibrant semiconductor and electronics ecosystem. The nation’s established prowess in information technology (IT) has earned it much-needed revenue and prestige across the globe. Now, through the convergence of engineering talent, supportive government policies, an expanding market and technologically adaptive entrepreneurship, India is striving to become part of global electronics and semiconductor supply chains. Indian Prime Minister Narendra Modi’s Vision of “Make in India” and “Design in India” has been the guiding force behind the government’s incentive schemes that span skilling, design, fabrication, assembly, testing and packaging, and
Can US dialogue and cooperation with the communist dictatorship in Beijing help avert a Taiwan Strait crisis? Or is US President Joe Biden playing into Chinese President Xi Jinping’s (習近平) hands? With America preoccupied with the wars in Europe and the Middle East, Biden is seeking better relations with Xi’s regime. The goal is to responsibly manage US-China competition and prevent unintended conflict, thereby hoping to create greater space for the two countries to work together in areas where their interests align. The existing wars have already stretched US military resources thin, and the last thing Biden wants is yet another war.