Political pressure groups and leaders: Taiwan independence movement, various business and environmental groups
note: debate on Taiwan independence has become acceptable within the mainstream of domestic politics on Taiwan; political liberalization and the increased representation of opposition parties in Taiwan's legislature have opened public debate on the island's national identity; a broad popular consensus has developed that Taiwan currently enjoys de facto independence and - whatever the ultimate outcome regarding reunification or independence - that Taiwan's people must have the deciding voice; advocates of Taiwan independence oppose the stand that the island will eventually reunify with mainland China; goals of the Taiwan independence movement include establishing a sovereign nation on Taiwan and entering the UN; other organizations supporting Taiwan independence include the World United Formosans for Independence and the Organization for Taiwan Nation Building
International organization participation: APEC, AsDB, BCIE, ICC,
ICFTU, IFRCS, IOC, WCL, WTrO (observer)
Diplomatic representation in the US: none; unofficial commercial and cultural relations with the people of the US are maintained through a private instrumentality, the Taipei Economic and Cultural Representative Office (TECRO) in the US with headquarters in Taipei and field offices in Washington and 12 other US cities
Diplomatic representation from the US: none; unofficial commercial and cultural relations with the people on Taiwan are maintained through a private corporation, the American Institute in Taiwan (AIT), which has its headquarters in Rosslyn, Virginia (telephone: [1] (703) 525-8474 and FAX: [1] (703) 841-1385) and offices in Taipei at #7 Lane 134, Hsin Yi Road, Section 3, telephone [886] (2) 2709-2000, FAX [886] (2) 2702-7675, and in Kao-hsiung at #2 Chung Cheng 3rd Road, 5th Floor, telephone [886] (7) 224-0154 through 0157, FAX [886] (7) 223-8237, and the American Trade Center at Room 3208 International Trade Building, Taipei World Trade Center, 333 Keelung Road Section 1, Taipei 10548, telephone [886] (2) 2720-1550, FAX [886] (2) 2757-7162
Flag description: red with a dark blue rectangle in the upper hoist-side corner bearing a white sun with 12 triangular rays
Taiwan Economy
Economy - overview: Taiwan has a dynamic capitalist economy with gradually decreasing guidance of investment and foreign trade by government authorities. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Real growth in GDP has averaged about 8% during the past three decades. Exports have grown even faster and have provided the primary impetus for industrialization. Inflation and unemployment are low; the trade surplus is substantial; and foreign reserves are the world's fourth largest. Agriculture contributes 3% to GDP, down from 35% in 1952. Traditional labor-intensive industries are steadily being moved offshore and replaced with more capital- and technology-intensive industries. Taiwan has become a major investor in China, Thailand, Indonesia, the Philippines, Malaysia, and Vietnam. The tightening of labor markets has led to an influx of foreign workers, both legal and illegal. Because of its conservative financial approach and its entrepreneurial strengths, Taiwan suffered little compared with many of its neighbors from the Asian financial crisis in 1998-99. Growth in 2001 will depend largely on conditions in Taiwan's export markets and may be about 5%.
GDP: purchasing power parity - $386 billion (2000 est.)
GDP - real growth rate: 6.3% (2000 est.)