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In a free market economy wouldn't this lead to salaries rising in Taiwan as well? Granted that Taiwan has less domestic consumption potential, but for export i
by actuator 6y ago
In a free market economy wouldn't this lead to salaries rising in Taiwan as well?
Granted that Taiwan has less domestic consumption potential, but for export its companies have done well and Taiwan is more developed as well. It should be able to compete with salaries across the strait.
If we assume state interference by state funding this out of its pocket, then I guess Taiwan might find hard to compete on its own.
- chillacy 6y agoEach city has completely different job markets. Even within the same country, salaries aren't even level (as is the case between different US cities).