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The Multi-Dimensions of Industrial Relations in the Asian Knowledge-Based Economies by Hiromasa Suzuki, Chris Rowley, John Lawler, Sununta Siengthai

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Chapter 5

Industrial Relations in a Knowledge-Based Economy: The Case of the Banking Industry in Taiwan

Joseph S. Lee

1 INTRODUCTION

Taiwan has enjoyed enormous success in its ongoing economic development for over fifty years, and as a result, the island has gained international recognition for this ‘economic miracle’. Furthermore, due largely to the extraordinary transformation of Taiwan over a period of less than two decades, from an authoritarian state to an open and democratic society, this ‘economic miracle’ has subsequently been developed into a ‘political miracle’.

Although Chen Shui-Bian, the former president of the ROC, failed to live up to the expectations of the general public during his administration from 2000 to 2008, Taiwan ...

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