New Poverty in the Era of Globalization The Case of Taiwan

Over the past decade, Taiwan has witnessed a rapid increase in its population of newly impoverished individuals. Driving this increase is the shift of Taiwan's traditional production centers overseas, especially to Mainland China. Using a qualitative research approach to explore this new phenomenon, the research finds that most of the new poor are able and hope to work, but suffer from job instability and/or the ability to find any reemployment. If the government does not intervene in a timely manner to create a stronger safety net for them, their families may become caught in a long-term poverty trap.