Until Taiwan acknowledges that it needs major reforms to dramatically raise wages and reduce housing prices instead of only piecemeal improvements, Taiwan will continue to be too severely divided to govern.
Ultimately, Honduras faces a choice: continue with a relationship that has yet to deliver its hoped-for benefits, or return to a partnership that, for decades, offered scholarships, aid and stable markets.
Emerging from the unique circumstances of the 2024 election, opposition party partnerships can play a pivotal role in the future of inter-party cooperation in Taiwanese domestic policymaking and influence the course of US-Taiwan relations.
As such, the full meaning and political impact of the “Great Recall” cannot be properly assessed until the results of the second round become clear.
Thus, multilateral cooperation at all levels—including national governments, businesses, municipalities, and international organizations—is key to enhancing Taiwan’s efforts to tackle global warming.
Taiwan will be reviewing its minimum wage in the third quarter of this year, but despite annual increases to the monthly minimum wage since 2017, Taiwan’s average wage growth has not been catching up.