TheFoundationofKnowledgebasedEconomy.pptVIP

The Foundation of Knowledge-based Economy Chi Schive President of Taiwan Academy of Banking and Finance Outlines Magatrends of Our Age Globalization Rapid Changes in Production Technology New Economy of the United States in the Last Decade Development of the U.S. ICT Industry Labor Market Reforms in the U.S. Challenges for Taiwan Moving Toward KBE Financial Market in Retrospect Final Remark 全球化趨勢(1984-98) 區域化趨勢 全球流入開發中國家、亞洲新興工業國家及轉型中社會主義國家之民間資金於1990年代大幅跳升。 資訊傳遞速度 通道 1.分行 2.電話銀行 3.ＣＤ／ＡＴＭ 4.（專屬）ＰＣ銀行 5.網際網路銀行 資 訊 傳 遞 速 度 通道 1.分行 2.電話銀行 3.ＣＤ／ＡＴＭ 4.（專屬）ＰＣ銀行 5.網際網路銀行 The U.S.’s Relative Performance Unemployment in Japan, Taiwan and the U.S., 1981-1999 Current and Previous Expansions in the U.S. 資訊科技(IT)產業市值占股市總市值比率 Development of the World Derivative Market New v.s. Old Work Arrangements New v.s. Old Welfare Arrangements Shared Compensation System - Linking Pay to Group or Company Performance Benefits under Different Work Scenarios Functions of Financial Sector (1) mobilizing savings (4) easing transaction (2) allocating resources (5) monitoring corporate governance (3) managing risk Causes of rising NPLs Poor risk management and poor loan performance Inappropriate lending, abusive influence from connections Inadequate supervision Bust of real estate bubble, fall of collateral value Restructuring difficulties in some traditional industries Non-Performing Loans in Taiwan, 2000 Challenges from WTO Entry Taiwan has fulfilled most of her WTO/GATS commitments even before her entry into the WTO. Mainland China’s financial sector will be affected significantly after entering into the WTO. Foreign financial institutions are likely to form strategic alliance with partners from Taiwan when penetrating the regional market, China in particular. Reform Remained in the Financial Market Financial liberalization De-regulation on new