Social Expenditure in Taiwan (China)
Social expenditures in Taiwan (China) accelerated during recent decades, in accordance with economic development, social transformation, and democratization. Among the various categories of expenditure, education spending received the highest...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/01/1570667/social-expenditure-taiwan-china http://hdl.handle.net/10986/13972 |
| Summary: | Social expenditures in Taiwan (China)
accelerated during recent decades, in accordance with
economic development, social transformation, and
democratization. Among the various categories of
expenditure, education spending received the highest
priority, and continues to do so up to this day.
Furthermore, the government was able to match its human
resource development targets, with the actual needs of the
economy, while promoting competition among individuals for
educational advancement. Spending on another priority area -
social security - has risen gradually with social security
programs, initially covering only a small targeted segment
of the population, and then expanding to cover a wider
cross-section of the society. Meanwhile, a comprehensive
National Health Insurance (NHI) was introduced only a few
years ago (in 1995). The hallmark of Taiwan (China's)
approach to social policy has thus been gradualism. This
aspect has helped it avoid fiscal crises, due to
unsustainable social spending. However, democratization in
recent years will likely accelerate such spending. |
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