Executive Yuan Competitors

The Ministry of Foreign Affairs of the Republic of China (MOFA Taiwan) is a cabinet-level policy-making body, governed under the Executive Yuan of the Republic of China (Taiwan). The fundamental purpose of the Ministry is to promote, expand, and conduct bilateral foreign affairs with other nations. It is in charge of interactions between the Republic of China and foreign countries, except the People's Republic of China (PRC), which falls under the jurisdiction of the Mainland Affairs Council. The current Foreign Minister is Minister Lin Chia-Lung. Us on Facebook: www.facebook.com/mofa.gov.tw/ Us on X: x.com/MOFA_Taiwan

Under the five-power framework by Dr. Sun Yat-sen, the founding father of the Republic of China (R.O.C) , the National Assembly exercises political power on behalf of all people, while the five Yuans of the central government, namely, the Executive, the Legislative, the Judicial, the Examination and the Control Yuans, share the governing power. This model defines the Five-Power Constitution and the role of the Legislative Yuan. The Constitution of the Republic of China stipulates that the Legislative Yuan shall be the supreme national legislature with its members elected by the people, it shall exercise the legislative power on behalf of the people. In terms of its power and function, the Legislative Yuan is equivalent to a parliament in other democracies.

Taiwan Institute of Economic Research (TIER / 臺灣經濟研究院) was established on September 1, 1976 by Dr. Chen-Fu Koo as the first private independent think tank in Taiwan. The main purpose of the institute is to actively engage in research on domestic and foreign macroeconomics and industrial economics in order to provide consultations to the government and enterprises and to promote Taiwan's economic development. TIER successfully built up its professional reputation among other think tanks in Taiwan. Research reports, industrial consultations, economic forecasts, and various publications produced by the institute are highly acclaimed. TIER actively participate in dealing with international affairs and this enable it to gain a solid understanding of global trends, to provide forward-looking analysis with a global perspective, and to formulate optimal policy alternatives for the businesses and the government. Additionally, TIER has been making a concerted effort to assist the Ministry of Economic Affairs of the Republic of China in the operations of the Industrial Development Advisory Council. Following domestic and international political, economic and social changes, it is likely that future industrial economic problems will become increasingly complicated. As such, there is a growing need for large-scale professional research institutes to conduct research on the emerging issues and to provide the decision makers with relevant information. TIER, with excellent professional and intensive experience, will continue providing high-quality economic advisory services to the government and the private enterprises.