在美國強大的貿易報復壓力下,1984年6月,行政院長俞國華提出「自由化,國際化,制度化」的經濟發展方針,指出經濟建設的重點在調整經濟結構與加速工業升級。 Under heavy U.S. trade pressure, Premier Yu Kuo-hwa introduced the policy of 'liberalization, internationalization, and institutionalization' in June 1984, directing economic policy toward structural adjustment and accelerated industrial upgrading.
寶麗金唱片曾經是世上規模最大的唱片公司,1977年,寶麗金唱片也跟台灣的歌林唱片開始合作,並引進香港歌手來台發展。 PolyGram was once the world's largest record company. In 1977, it began collaborating with Taiwan's Kolin Records and introduced Hong Kong artists to the Taiwanese market.
1988年,新光集團的核心公司新光紡織股份有限公司以「機器老舊」、「經營虧損」為由,宣布於1988年10月30日關閉位於臺北市士林區的士林廠。 In 1988, Shin Kong Textile — a core company in the Shin Kong Group — announced it would close its Shihlin plant in Taipei on October 30, citing 'aging machinery' and 'operating losses.' The announcement ignited Taiwan's first wave of labor activism.
90年代初期,跨國唱片帶著豐沛的財力與資源來台設立分公司,正式進入臺灣流行音樂市場。跨國公司進入臺灣後,將臺灣流行音樂產業由「創意導向」產業轉變為注重投資報酬率及獲利成長率的「資本密集」產業。 In the early 1990s, multinational record companies arrived in Taiwan with substantial capital and resources to establish local subsidiaries. Their entry transformed Taiwan's pop music industry from a 'creativity-driven' sector into a 'capital-intensive' industry focused on return on investment and profit growth.
1990年7月,教育部電子計算機中心邀集受補助大學成立「台灣學術網路」為台灣第一個網際網路系統,也是台灣往後發展政府、商用網際網路系統之基礎。 In July 1990, the Ministry of Education Computer Center convened subsidized universities to establish the Taiwan Academic Network — Taiwan's first internet system and the foundation for subsequent development of government and commercial internet infrastructure.