Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

DPP needs coherent policies to win

With exactly a month to go before the Dec. 5 three-in-one local government and township elections, the Democratic Progressive Party (DPP) launched its campaign on Wednesday, calling on voters to punish the Chinese Nationalist Party (KMT) government for its poor performance.

After almost two years in the wilderness following the DPP’s crushing defeats in legislative and presidential elections, and the ongoing struggle to contain the fallout from former president Chen Shui-bian’s (陳水扁) saga, the DPP seems confident that now is a good time to start its comeback.

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Ma’s covenant of political silence

It was reported a few days ago that President Ma Ying-jeou (馬英九), who is also chairman of the Chinese Nationalist Party (KMT), declared that “covenants” would be drawn up for the party’s legislators-at-large to keep their political statements in line with party policy.

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Can ECFA negotiations be trusted?

The government’s atrocious handling of the expansion of US beef imports — opaque, peremptory and confused, regardless of the merits of the products — is becoming a real cause for concern in terms of the bigger picture: cross-strait detente, and particularly a proposed economic pact with China.

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The PRC’s malign currency policy

Over the last several weeks, the US dollar’s depreciation against the euro and yen has grabbed global attention. In a normal world, the dollar’s weakening would be welcome, as it would help the US come to grips with its unsustainable trade deficit. But in a world where China links its currency to the dollar at an undervalued parity, the dollar’s depreciation risks major global economic damage that will further complicate recovery from the worldwide recession.

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Newsflash

Relocating the development project for Kuokuang Petrochemical Technology Co’s proposed eighth naphtha cracker overseas could be an option amid opposition to constructing the plant in Taiwan, Minister of Economic Affairs Shih Yen-shiang (施顏祥) said yesterday.

On a visit to Academia Sinica, Shih said that from an economic point of view, major development projects such as naphtha crackers should be built in Taiwan, but added that the government would not oppose relocating such projects overseas if the environmental cost was “too heavy to bear.”