Kiel Policy Brief No. 142: Taiwan and South Korea are generally considered to be more successful than many others in containing the spread of Covid-19.

Taiwan and South Korea have so far come through the corona crisis much better than many other economies. The keys to success have included pandemic-experienced and efficiently acting authorities, excellent medical care and research, and the use of...

In Taiwan, since the early 2000s the growth rate of real wages has been very low and has been even negative for high-skilled workers. This paper tries to shed new light on the potential causes of this puzzling development with a comparison to South...