DBS economist Ma Tieying takes the most bullish view of Taiwan’s economic prospects for 2021, forecasting GDP growth of 4.2%. The most cautious position among those interviewed for this report was from Yuanta-Polaris Research Institute President Liang Kuo-yuan, whose forecast is “at least 3%.” In between is the government’s own statistics agency, which expects growth…

Sustained Optimism on 2020 Growth National Development Council (NDC) Minister Kung Ming-hsin said that based on recent economic data, Taiwan’s GDP growth rate for 2020 is expected to exceed the government’s August forecast of 1.56%. The more optimistic outlook contrasts with the International Monetary Fund’s prediction that the island would experience zero growth this year,…

An Exclusive Interview with National Development Council Minister Kung Ming-hsin Taiwan has done a stellar job of managing the COVID-19 pandemic, and has experienced comparatively minimal economic damage. Now it is time to start thinking about how it can capitalize on its strong high-tech capabilities and the international goodwill it has earned to become a…

Promising new opportunities have been opening for Taiwan’s economic development. Although COVID-19 has wrecked numerous economies around the world, Taiwan has been a notable exception. Remarkably, Taiwan has emerged from the pandemic not only almost unscathed, but with even greater confidence and prospects for growth than anytime during the last two decades. Pundits have tended…