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- W2184153459 abstract "There has been an uneasy dilemma for each economy to strike a balance between protecting welfare of nationals and catching up with the world standards in terms of regulations. Before APEC launched the Ease of Doing Business Initiative in 2009, Chinese Taipei has actively engaged in reviewing and improving relevant regulations. It hopes to advance its business environment through removing unnecessary regulatory restrictions on business activities. The efforts of climbing up the ladder have generated significant results: Chinese Taipei’s overall ranking on the World Bank’s Doing Business report had jumped from 61 st in 2008 to 33 rd in 2010. The goal of this paper is to exemplify Chinese Taipei as a notable case to explain how external pressures, either stemmed from regional economic arrangements, like APEC, or derived from the assessment of international organizations, like the World Bank’s report, compel governments to initiate regulatory reforms as well as shape policy orientation of the public sector. This paper argues that for an export-oriented economy, like Chinese Taipei, it is critical to catch up with international standards, in order to maintain its competitiveness in the global economy. It implies that an economy with strong external-oriented sectors tends to be more sensitive to its performance in various international ranking competitions and it is more likely to commit itself to regulatory reforms in a line with international standards." @default.
- W2184153459 created "2016-06-24" @default.
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- W2184153459 date "2010-01-01" @default.
- W2184153459 modified "2023-09-27" @default.
- W2184153459 title "Racing to the Top: Chinese Taipei's Achievements on the Ease of Doing Business" @default.
- W2184153459 hasPublicationYear "2010" @default.
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