04474nas|a2200421 i 4500 20260817162439.0 221299s1999 th uu m rtt 00| a1eng d .b11772669 AIT RSPR no. SM-99-66 Chiang, Teng-huei An analysis of Taiwan outward investment Bangkok : Asian Institute of Technology, 1999 92 leaves Research studies project report ; no. SM-99-66 A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1999 The Republic of China on Taiwan, which emerged in 1948 after a civil war on the mainland, comprises a population of 21.1 million occupying an island of 36,000 square kilometers. The international trade of Taiwan was basically in balance in 1980. Taiwan enjoyed strong economic expansion throughout the decade, with growth averaging approximately 8 percent per year. But unlike earlier periods of strong growth, the 1980s were characterized by large trade and savings surpluses. At the same time, imports declined steadily relative to the size of GNP. By 1986, the trade surplus in Taiwan accounted for almost 10 percent of its GNP. Thus, Taiwan experienced an increasing serious macroeconomic imbalance since the 1980s. This may offer more opportunity for Taiwan enterprises to engage in the outward investment. The meaning of outward investment in this research study is that Taiwan enterprises in foreign countries build factories, offices to operate production, sale, export, and so on, and not just selling or buying of securities. The policy of Taiwan government on outward investment range is from prohibition to some degree of openness. For indirect Mainland China investment there is control and for the other areas there may be open but have limitation about procedure and amount. Taiwan outward direct investment began in 1959 and indirect Mainland China investment started in 1991 . The evolution of Taiwan outward investment can be divided into four periods. The biggest investment took place from 1989 to present- the Golden Age. In this period, the government policy has a lot of adjustment. One of the adjustment measures is to permit that enterprises can freely remit fifty million US dollars and individuals can freely remit five million US dollars each year, which enhance outward investment. The permitted industries also expand from few to most industries. The investment areas also spread to most areas, but these areas focus on Mainland China, Southeast Asia, and USA. At the same time, the Taiwan domestic economy still maintains boom and develops gradually. In 1997, the economic growth rate was 6.77%, and the rate decreased to 5.07% in 1998, due to economic and financial troubles in many parts of the world. However, the outward investment is a world trend. By outward investment, Taiwan can easily enter international society and participate in non specific international affairs. Based on the survey findings, some recommendations are given to the public and private sector of Taiwan, Republic of China. Taiwan Commerce Tang, John C.S., Chairperson Swierczek, F.W., Examination Committee Do, Ba Khang, Examination Committee Government of the Republic of China, Scholarship donor Asian Institute of Technology. Research studies project report ; no. SM-99-66 Full-Text http://203.159.5.9/ait-thesis/detail.php?q=B12388 .b11772669 mnait y 240420 0 991222 m a y 3 mnait mnait mnarc 20 22 40 Barcode : 30050120991939 CREATED : 1999-12-22 RECORD # : i12168932 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 Barcode : 30050120680813 CREATED : 2012-03-12 RECORD # : i12719808 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 Barcode : 30050160091202 CREATED : 2016-04-29 RECORD # : i12965169 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 5056 5056 0 0 0 0 MAIN MAIN mnait 2026-08-17 50.00 0 AIT RSPR no. SM-99-66 30050120991939 2026-08-17 16:24:39 1 2026-08-17 20 0 0 0 0 MAIN MAIN mnait 2026-08-17 0 AIT RSPR no. SM-99-66 30050120680813 2026-08-17 16:24:39 3 2026-08-17 22 0 0 0 0 MAIN MAIN mnarc 2026-08-17 0 AIT RSPR no. SM-99-66 30050160091202 2026-08-17 16:24:39 2026-08-17 40