Tue, Oct 11, 2011 - Page 8 News List

Reaping the bitter fruits of ECFA

By Huang Tien-lin 黃天麟

Given the Ma administration’s habit of blaming other people for anything that goes wrong, you can be sure that officials will attribute the economic slowdown to global factors. Don’t be fooled. None of the trends described above have anything to do with debt troubles in the eurozone.

Export growth is falling faster than that of our peers. Farmers are suffering more and our jobless rate is higher. These facts are undisputable. Are we going to just accept this downturn? Are we just going to kneel down and wait for the axe to fall?

The only way out for Taiwan is to dump Ma’s policy of locking our economy on to that of China.

Huang Tien-lin is a former national policy adviser to the president.

Translated by Julian Clegg

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