Posts Tagged ‘Taiwan’

Japan Gives Gifts to its Citizens

Wednesday, March 4th, 2009

Japan follows Taiwan’s examples and decides to give each citizen 12000 JPY to spend in order to save the economy. This means each Japanese will get more than 120 USD.

The total value of the plan is about 20 billion USD. Is this a sign that the Taiwanese plan might have actually worked?

Taiwan Gives Gifts to its Citizens

Sunday, January 18th, 2009

Every citizen in Taiwan received a coupon worth more than 100 USD that they can use to buy various things. This is part of a plan of boosting the economy.

It looks like a two billion dollars plan to stimulate the economy by allowing people to spend more. Interesting! :) I am curious whether it will work!