Presiding over his first central bank board meeting in March, new cetral bank governor Yang Chin-long said there was clearly a disconnect between Taiwan’s labor productivity and wage growth with labor productivity growing more than 110 percent since 1994 but real wage growth rising less than 30 percent during that time.
Presiding over his first central bank board meeting in March, new central bank governor Yang Chin-long said there was clearly a disconnect between Taiwan’s labor productivity and wage growth, with labor productivity growing more than 110 percent since 1994 but real wage growth rising less than 30 percent during that time.