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Mon, Sep 10, 2001 - Page 18 News List

Schive Chi speaks his mind

With the government seeking to adjust policy to get the economy back on track, staff reporter Stanley Chou sat down with veteren economist Schive Chi, president of the Taiwan Academy of Banking and Finance and former vice chairman of the council of Economic Planning and Development, to discuss the focus the government should take after the Economic Development Advisory Conference.

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As to whether Taiwan should become an operation's center for the Asian-Pacific region, it should be left for the market to decide.

The basic role of government today is to educate its citizens and improve the living infrastructure. In a more abstract sense, a government should provide a good business environment for the economy and a good living environment for its citizens. When the living standard has reached a certain level -- like Taiwan has currently -- the quality of life becomes a more important issue than ever.

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