Weak service sector constrains Taiwan's economy

Taiwan's economic structure has shifted away from manufacturing towards services, but this may not indicate progress

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In this article

  • More services, less growth
  • More services, fewer jobs
  • Wholesale and retail dominate
  • Small, inward-looking firms
  • Services trade supports manufacturing
  • Policy response
  • Service Industry Development Plan
  • Cross-Strait Services Trade Agreement
  • Future prospects

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.