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American Focus > Blog > Economy > Taiwan is the Alternative, Not the CCP
Economy

Taiwan is the Alternative, Not the CCP

Last updated: October 9, 2024 2:57 pm
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Taiwan is the Alternative, Not the CCP
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Taiwan: A Beacon of Freedom and Success in Asia

Last month, I had the privilege of visiting Taiwan for the first time in my life. As I set foot in this vibrant country, I was struck by the palpable sense of freedom and democracy that permeated every aspect of Taiwanese society. It became clear to me that Taiwan is not just another advanced nation, but a shining example of what can be achieved when economic freedom and democracy are embraced wholeheartedly.

In a region where China often touts its “capitalist model with Chinese characteristics,” Taiwan stands out as a stark contrast. The Taiwanese people have shown the world that economic prosperity and political freedom can go hand in hand, even in a culturally Chinese setting. The freedom to express oneself, engage in open debates, and participate in political campaigns is not just a right in Taiwan – it’s a way of life. This serves as a powerful reminder to the world that one-party rule is not a necessary fate for countries with shared language, culture, and heritage.

Taiwan’s economic success is intrinsically linked to its commitment to economic freedom. While the country received international assistance, particularly from the United States, following Mao’s victory in 1949, it was free trade, fiscal responsibility, strong property rights, and limited regulation that propelled Taiwan’s economy forward. Today, Taiwan proudly holds the 11th spot on the 2023 Fraser Economic Freedom of the World Index, a remarkable climb from 36th place in 1980.

What sets Taiwan apart from China is the strength of its institutions, which have safeguarded the country’s economic prosperity. Unlike China, where property rights are contingent on allegiance to the Communist Party, Taiwan boasts efficient land use, cutting-edge technology, and minimal government interference. The absence of ghost towns and abandoned infrastructure, prevalent in China due to misguided economic policies, is a testament to Taiwan’s prudent governance.

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Taiwan’s political evolution from authoritarian rule under Chiang Kai-shek to a thriving democracy with free elections and unrestricted free speech underscores the country’s commitment to accountability and transparency. The Taiwanese people have the power to shape their government’s policies through open discourse and peaceful transitions of power. This democratic resilience is a crucial factor in sustaining Taiwan’s economic vitality.

However, Taiwan’s greatest challenge lies in the looming shadow of China. The Chinese Communist Party’s aggressive posturing and military threats pose a constant threat to Taiwan’s security and stability. While China seeks to assert itself as a global model, Taiwan stands as a living example of a better alternative just a strait away. The shared heritage between the two countries underscores the possibility of a democratic transition in China, mirroring Taiwan’s journey to freedom.

As I reflect on my time in Taiwan, I am reminded of the invaluable lessons this country offers to the world. The Taiwanese people’s unwavering commitment to freedom, their eagerness to engage with the global community, and their steadfast belief in democracy serve as a beacon of hope and inspiration. Taiwan’s story is one of freedom and success, a narrative that deserves to be celebrated and emulated by nations across the globe.

In conclusion, Taiwan’s enduring legacy as a bastion of freedom and prosperity serves as a compelling reminder of the transformative power of democracy and economic freedom. As we navigate an uncertain future, Taiwan stands as a testament to the enduring value of liberty and democracy. It is a story that demands our attention and admiration, a story that has the potential to shape the course of history for generations to come.

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