EXCESSIVE SAVING: Policy frameworks and infrastructure investment must keep up with innovation efforts, which are gaining speed, former president Lee Teng-hui said
Taipei Times
Date: Oct 29, 2018
By: Chen Yu-fu / Staff reporter
Insufficient domestic investment has led to considerable talent outflows, former president
From third left, Taiwan Investment Management Corp chairman Wu Rong-i, Taiwan Research Institute founder Liu Tai-ying and former Presidential Office adviser Huang Tien-lin attend an economic forum in Taipei yesterday. Photo: George Tsorng, Taipei Times
Lee Teng-hui (李登輝) said on Saturday, adding that greater financial innovation and additional fiscal reforms are needed amid the escalating US-China trade dispute.
Lee made the remarks in a speech transcript delivered by Taiwan Research Institute founder Liu Tai-ying (劉泰英) at the opening of a two-day economic forum in Taipei.
Lee had planned to attend the forum, but canceled on doctors’ advice given the cool weather.
The forum, titled “Investment, innovation and a vigorous Taiwan,” was organized by the Taiwan Association of University Professors and the Lee Teng-hui Foundation.
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