Women’s Empowerment: Taiwan Stands on the World’s Stage

 In April, Forbes magazine published an article entitled, What do Countries with the Best Coronavirus Responses have in Common? The answer was female leaders: the article listed President Tsai of Taiwan, Merkel of Germany, Arden of New Zealand, along with Iceland, Finland and Denmark. According to the article, their curiosity, decisiveness, ...

Gender Balance Results from Work-Life Balance

In every industry in every country, the childbearing years are an impediment to female employment. This is especially the case for those who aspire to leadership positions. Once mothers take years off work to care for their children, they lose contacts and up-to-date industry knowledge, making them unlikely to ever reboard the train to the executiv...

Beijing is China's Biggest Fintech Disruptor

China has always been circumspect about disruptive fintechs. Since 2017, it has launched draconian crackdowns on both cryptocurrency and peer-to-peer (P2P) lending firms in a professed bid to curb systemic financial risk and threats to social stability. Those concerns have merit. But Beijing also worries that private companies untethered to the sta...

Taiwan’s Wealth Gap Needs Attention and Action

As a gift to Taiwan, the Taiwan Academy of Banking and Finance, which turns 40 this year, has published the country’s first Taiwan Financial Life Survey. Based on over 22,000 questionnaires, the survey details the experiences of Taiwanese people in income, expenditure, savings, lending, and insurance. In contrast to other household income a...

The Pandemic Will Leave a Changed Financial Sector

During the coronavirus pandemic, the transformation of the financial sector has been fast-tracked. Social distancing measures have forced financial institutions and their customers to move online and make greater use of the cloud. In some cases, the transition has been bumpy, but for the most part, the process has been smoother than expected. Years...

Taiwanese Banks Should Build on the Success of the Semiconductor Industry

This year, after years of cultivating technical talent, and through the good judgement of its key decision makers, Taiwan upstaged the US in a way that will reverberate for years. Taiwan's handling of the COVID crisis has attracted worldwide attention, but another, quieter achievement will also probably be equally recognized among business leader...

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