Taiwan’s Economy in 2017: Boosted by Apple’s Great Appetite
Min-Hua Chiang
East Asian Policy (EAP), 2018, vol. 10, issue 01, 92-104
Abstract:
The strong global demand for new information and communication technology devices had pushed Taiwan’s economic growth rate in 2017 to 2.84%, from 1.41% in 2016. The improving global economy, growth in minimum wage and rising government expenditure are encouraging factors in the near term. Taiwan’s future economic outlook hinges on its technological capability vis-à-vis other regional peers, close production relations with global multinational firms and adaptation to other new consumption products.
Date: 2018
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DOI: 10.1142/S1793930518000089
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