Taiwan’s economy has boomed over the past couple of years on the back of strong AI-related exports, whereas household consumption has struggled. But there are signs that the economy is becoming less lop-sided, with strong wage growth and state cash handouts lifting consumer spending. That supports our view that, so long as the Iran war ends soon, GDP growth will be stronger than most expect this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services