Taiwan academics call for central bank reform

The Central Bank of the Republic of China (Taiwan), Taipei
The Central Bank of the Republic of China (Taiwan), Taipei
Kao Kuoen

Taiwan’s top government-funded research institute has called on the government to reform the central bank by learning from the US Federal Reserve and the Monetary Authority of Singapore (MAS).

In a white paper published on August 8, Academica Sinica proposes a raft of measures aimed at improving the Central Bank of the Republic of China’s (CBRC’s) monetary and financial system, as well as boosting the self-ruled island’s capital market.

The past two decades between 2001 and 2019 were Taiwan’s

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