Professional Documents
Culture Documents
VIBHOR SINGHAL(264)
ASHWINI SHARMA
PAWANDEEP
VARUN PANDI
SIDDHART SEGAL
SIDDHART AGGARWAL
SUMIT ARORA
INTRODUCTION
• ECONOMICAL FACTORS
- Sound Financial System
- Experienced 5% GDP Growth rate in 1998
- Economy transformed from Agriculture to Industrial economy.
• SOCIAL FACTORS
- Strained relations with China.
- Open-minded to foreign products and services but for
some
products TW government still put its restriction
TECHNOLOGICAL FACTORS
- Higher Technological Base.
- Taiwan is viewed as Newly Industrialized Country (NIC).
LEGAL FACTORS
- Authorities encouraged Foreign Investments.
ENVIRONMENTAL FACTORS
- Land Reform program with emphasis on raising Agricultural
Productivity.
- Self sufficient in Rice Production.