Macroeconomic Forecast Taiwan

BMI View: We remain concerned that Taiwan's economic growth has become unbalanced. Credit worries and the ongoing political problems are continuing to constrain growth in private consumption and investment. Although we do not expect the most recent attempt to oust President Chen Shui-bian from office to succeed, we are nevertheless unlikely to see any revival in domestic demand this year, and we maintain our 4.5% growth forecast for

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