Macroeconomic Forecast Taiwan

BMI View: The economy expanded by 4.62% in 2006, slightly exceeding our 4.5% forecast. However, Taiwan's economic outlook remains relatively poor. Growth is lopsided, with domestic demand constrained by ongoing political uncertainty and credit concerns, leaving the economy dependent on resilient export growth. This exposes it to greater external risk. We are forecasting 4.1% growth in 2007, as domestic demand remains sluggish and export growth moderates further on the back of softening external demand.

To read the full article, please choose one of the following options: