Taiwan’s successful political, economic and social model

MIAMI.- In 1949, taiwan It was a semi-inhabited island in the western Pacific, only 36,000 square kilometers, in 2021 it was already classified as the 14th. economy of the world, with democracy solid and an enviable standard of living.

This miracle was possible thanks to the administrative honesty of its authorities, the national will to have a better nation every day and, perhaps preponderantly, due to the experience and danger of having a powerful communist regime very close to them that constantly threatens them.

Taiwan is a sovereign and independent country. Its democratic system is based on the separation and independence of the powers of the State.

Unlike other countries, Taiwan has five powers, known as Yuans: Executive Yuan, which includes the presidency, prime minister, and ministries; the Legislative Yuan, made up of the unicameral National Assembly and made up of 113 legislators elected by the people; the Judicial Yuan which includes the 15-member Supreme Court and which has under its authority the supervision of district courts, administrative courts and disciplinary courts; the Examination Yuan, which is administered by the Civil Service; and the Control Yuan, which is in charge of auditing government agencies and impeaching and censoring government officials.

Taiwan’s democratic, multi-party political system also guarantees a just society where labor rights are protected and the minimum wage is frequently reviewed. The government cares about the elderly, the pension system and the development of social housing.

Its press freedom is ranked third in Asia, according to the 2022 World Press Freedom Index published by Reporters Without Borders, which ranks it ahead of Japan, South Korea and China.

The foundation of Taiwan’s extraordinary economic and technological success is its educational system. In 1968 the compulsory system of nine years of education was imposed. At that time only eight nations in the world had compulsory education systems of that length. In 2014 he extended it to 12 years of education. The Taiwanese government assumed the responsibility of providing scholarships and study facilities to poor families so that their children could meet the educational requirements.

The impressive educational, professional, and technological advancement was made possible by an extensive system of educational centers that today includes 137 universities and colleges. The magnitude of the high academic and professional level of the Taiwanese people is evidenced by the fact, possibly exceptional, that 48% of the population over the age of 15 have a higher education degree. Taiwan’s budget allocates, on average, more than 20% to education, science and culture.

The creation of science parks has been another fundamental factor in the development of science and technology in Taiwan. These parks are in effect “cities” where study and experimentation facilities are concentrated and which promote the creation of companies that are also installed in these parks.

The World Trade Organization ranks Taiwan as the 16th largest exporter in the world. Taiwan is also one of the largest holders of foreign exchange reserves in the world. Its Gross Domestic Product (GDP) per capita is 33,000 dollars per year, similar to the PID of Austria and the Netherlands.

Its economic growth in 2021 reached 6.5%, which, percentage-wise, is higher than that of China. Taiwan’s trade balance has a surplus (surplus) of $65.3 billion.

That’s how successful Taiwan is. A democratic nation with a high degree of freedom and rights, stability and economic prosperity and a model that many countries in the world, especially in Latin America, should imitate.