Home > > TBT Newsletter May 2016 is available now
TBT Newsletter May 2016 is available now
2016-05-27 00:00:00
Editor's Note

Taiwan Brain Trust is indebted to you for the steady stream of feedback received from readers in a variety of fields. It is your input that serves as our driving force, motivating us to continue on in our efforts. We are exceedingly grateful for each and every suggestion and encouragement we receive from you.This month, experts in a number of fields share their thoughts on such current issues as the new administration’s Asian Silicon Valley plan, smart machines, the defense industry, financial and social housing policies, China’s policy toward Taiwan, and the Philippine presidential election.

In his piece entitled “The New Government’s Five Innovative Industrial Research and Development Programs– An Overview of the Asian Silicon Valley,” Hua Chia-cheng, Deputy Director of Division II, TIER, explains that the “Asian Silicon Valley” plan could serve to create a quality environment for establishing businesses. It could also be used for setting up industry clusters that expand and develop into industrial parks built around local characteristics where entrepreneurial young people could set up business. Examples, such as an entrepreneurial park for cloud and game creation in Kaohsiung, a creative robot park in Taichung, and an entrepreneurial park for software applications and Big Data in Taipei, would help deepen technology research and development and provide momentum for youthful creativity.

Director-General of the Taichung City Government’s Economic Development Bureau Lu Yao-zhi points out in his story “Smart Machines and Productivity Gains” that smart automation is a high tech, capital intensive investment and businesses need government involvement and assistance in project financing. To help reduce the burden of SMEs, in particular, we could incorporate them into a sharing economy in which they first collaborate in checking and testing equipment and work together toward a phase in which they produce jointly while we further promote reforms in the financial system to encourage the leasing industry to invest in smart automation systems.

In his article “Defense Industry Is Strategic to the Economy,” Su Tzu-yun, Director of the Center for Advanced Technology, Tamkang University, states that faced with competition from countries around the world in the production of “dual-use” civilian and military items (non-combat systems), Taiwan products enjoy a comparative niche: First, they are safer and more secure than Chinese products, this is especially true in the area of information security. Second, they cost less than products from the US, Europe, and Japan. Once structural barriers, such as those judicial and procurement in nature, are removed, Taiwan will be in a position to develop distinct and competitive industries that can produce “dual-use” civilian and military items.

In his piece titled “Using Policy-oriented Finance to Achieve New Social Housing Goals,” Huang Chung-che, a consultant with the Taiwan Academy of Banking and Finance and Taiwan Institute of Economic Research, TIER, suggests that social housing would be a policy worth pursuing. Faced with the issue of land justice, which is a huge distribution problem, the government should contemplate leveraging financial institutions controlled by public shares to issue relevant bonds or participating in project planning to facilitate the building of social housing and the promotion of state-run urban renewal projects.

Wu Chun-chih, Assistant Professor, NHCTC General Education Center, points out in his piece “A Brief Analysis of China’s Taiwan Policy Environment” that to resolve the deadlock between the two sides of the Taiwan Strait, China and Taiwan need to first start working together, i.e., making the establishment of a rational channel of communication a priority, rather than making prerequisites of political objectives that cannot currently be realized. The latter approach will serve to suffocate cross-Straits relations and add more uncertainty to the governments and peoples of the two sides.

In his story titled “The Filipino Hero Complex Toward President-Elect Duterte”, Hung Yao-nan, Secretary General of the Taiwan Asian Network for Free Elections, TANFREL points out that the foreign policy of new Philippine President Rodrigo Duterte, whose methodology is quite controversial, continues to make the US the main pillar of the nation’s foreign relations, while internally, the government needs to make tackling such problems as corruption, public security, and poverty top priorities.

In this globalized 21st century, Taiwan, as an island- nation, needs to take a macro view of the world. The Taiwan Brain Trust hopes to offer analyses of major events, both in Taiwan and around the world, for local readers as well as provide a Taiwan perspective for readers around the world. If you have any suggestions or comments please drop us a line at info@braintrust.tw or follow us on Facebook.

Full Text
About usTeamNewsCommentMediaBooksNewsletterEpaperLinkRegistration