The financial tsunami struck the entire world in 2008, leading to global economic downturn and unprecedented loss in the global financial markets. In an already weakened economic environment, investors continued to lose confidence, unemployment soared to an all time high and consumer spending continued to shrink. Thus economic growth continued to spiral downward. After careful consideration of all economic indicators and approaches taken by other countries, the Taiwan government launched the Consumption Voucher Policy in a short period of time.
The government launched a variety of economic stimulus packages to revive the economy and restore economic growth as quickly as possible. To make distribution of consumption vouchers in the amount of NTD 3,600 dollars to each person, for which was to be spent within a short period of time, and it was estimated to add 0.66 percent on the economic growth of 2009.
The issuance of the consumption voucher which helped to stop the economic free fall by encouraging consumer spending, also demonstrated government efficiency and exhibited cooperation among government authorities and people. The scope of this study is focusing on the causes and effectiveness of the program, and summarizing the data collected to record the first issuance of consumption vouchers.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0131112-164945 |
| Date | 31 January 2012 |
| Creators | Chen, Po-Han |
| Contributors | Shan-non Chin, Jia-Hsi Weng, Jiin-ming Fahn |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0131112-164945 |
| Rights | user_define, Copyright information available at source archive |
Page generated in 0.0026 seconds