Impact of the Global Economic Crisis on Taipei,China’s Industrial Structure and Firm Activity

Jack Hou

No 323, ADBI Working Papers from Asian Development Bank Institute

Abstract: Given the dominance of small and medium-sized enterprises (SMEs) in Taipei,China (97.6% of business establishments, and 77.1% of employment), it is of vital importance to develop ways to aid SMEs in surviving the current global economic crisis. Indeed, the government can utilize this crisis to reform and strengthen SMEs so they can continue to be the backbone of Taipei,China’s economy. This paper discusses the strengths and weaknesses of SMEs in Taipei,China. Policy recommendations are presented to address the weaknesses of SMEs, including short-run and long-run approaches.

Keywords: sme; global economic crisis; industrial organization (search for similar items in EconPapers)
JEL-codes: F14 G01 G10 O53 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2011-11-22
New Economics Papers: this item is included in nep-ent and nep-sea
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