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Country report taiwan
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Country report taiwan


Date:28.06.2016, 08:53 Country Rating A2 Strengths Functioning, stable democracy Good record of sound economic management, pro-business environment, well educated workforce. Demonstrated economic flexibility, enabling rapid shifts along the value-added scale. High domestic savings and investment Very strong external liquidity Weaknesses. Download the full report including graphs and images General Information GDP. USD529bn (2014) Population 23.4 million (Nationalstatitics 2014) Form of state. Multiparty Democracy Head of government Tsai Ing-wen Next elections 2020, presidential. Meanwhile, setting a clear external trade strategy will be pivotal. In particular, the new government will have to clarify its position with the Mainland about the cross strait rapprochement process to ensure stable trade and economic environment. Economic Overview Subpar growth, higher number of insolvencies The near term outlook is clouded by cyclical headwinds. Companies bankruptcies have soared by 23 in 2015, GDP growth slowed rapidly in 2015 (0.7 from 3.9 due to lower exports and industrial. Better credit conditions and further fiscal support will help maintaining domestic consumption in positive territory. However the pace of progress will be gradual and not sufficient to push overall growth to past levels (4 growth on average between 20).
Country report taiwan


Country report taiwan Country report taiwan


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