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Taiwan's Burgeoning Budget Deficit

A Crisis in the Making

Bibliographic Data

ID8370906
AuthorsChien-Hsun Chen (0000-0002-4959-9259, Chung-Hua Institution for Economic Research, Taipei, Taiwan, corresponding author)
Year2005
Volume45
Issue3
Pages383-396
Publication date2005-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAsian Survey (JOURNAL)
Journal identifiersISSN: 0004-4687 • E-ISSN: 1533-838X
PublisherUniversity of California Press (PUBLISHER • US)
DOI10.1525/as.2005.45.3.383
OpenAlexW2030904580
LanguageEN
Citations received5
References cited2

The Taiwan economy in recent years has been plagued by low or negative growth and rising structural unemployment, two kinds of turbulence that have been developing for some time. Underneath these economic woes is the even more serious problem of growing budget deficits that, if unchecked, could lead to a slippery road for Taiwan in the long run. Shrinking revenue and rising government spending in social welfare areas cause widening budget deficits. The continual swelling of these deficits is an important area requiring reform

Deficit spending · Development economics · Economic policy · Economics · Government (linguistics · Government budget · Government revenue · Macroeconomics · Market economy · Public finance · Resizing · Revenue · Slow growth · Structural unemployment · Tax revenue · Unemployment · Welfare · Asian Industrial and Economic Development · Finance · Hong Kong and Taiwan Politics · Social Policy and Reform Studies

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Unique citing works5
Citations per year0,29
Citation span2009 - 2017 (9)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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