Senior presidential advisor Li Kwoh-ting (
Li, 92, had been in a coma since May 21 after suffering a stroke.
TAIPEI TIMES FILE PHOTO
After learning of Li's death, Secretary-General to the President Yu Shyi-kun, on behalf of President Chen Shui-bian (
The Institute for Information Industry (
Academia Sinica President Lee Yuan-tseh (李遠哲) said yesterday: "Li was a remarkable person. Many people admire his contribution [to the country] and we are not likely to find another role model like Li again," Lee said.
Having served as head of the government's economic, financial and high-technology ministries for over 35 years, Li has been dubbed the country's "father of technological development" and "father of finance and the economy."
As a major economic policy-maker under former president Chiang Ching-kuo (
Li also helped develop Taiwan's semiconductor industry by asking the present chairman of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Morris Chang (張忠謀), to return from the US and head Taiwan's Industrial Technology Research Institute (工研院).
"If it had not been for Li, TSMC's achievements would never have been possible," Chang once told the media.
One of the key architects of Taiwan's economic miracle, Li was invited to attend several international conferences in China and met with Chinese President Jiang Zemin (
Li, who had put particular emphasis on information technology, however, also attracted severe criticism for ignoring the development of small and medium-sized enterprises by favoring larger firms with more government resources.
"In terms of a lack of government financing to small and medium-enterprises, [Li's policies] forced them to go to the black market for capital," Wu Hui-lin (
Wu added that Li's emphasis at the time on only cultivating talent in the fields of technology and electronics put undue strain on the progress of educational reform, shifting funds away from school programs that taught subjects other than technology and electronics.
Industry tycoon Wang Yung-ching (
But the overwhelming consensus is that Li was a driving force in leading Taiwan to become, as of last year, the 14th-largest trading nation in the world.
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