We should learn from the experience of these countries and study the factors that are restricting the development of these sectors in Taiwan and come up with ways to improve the situation.
To solve the current problems, multifaceted short, medium and long-term measures are needed. Thorough reform of the economy is needed, otherwise things will only get worse, leaving Taiwan in a losing position in the global economic race.
Taiwan Thinktank is an independent, nonprofit public policy research organization.
TRANSLATED BY DREW CAMERON
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