 |
|
Manufacturing sector is cautious due to the cyclical correction
While financial market volatility hampers service sector sentiment |
| Among the GDP components, fixed capital formation is likely to remain a key driver for growth, be it at a more modest rate. Since the onset of the financial crisis, the Taiwanese Government has increased fiscal stimulus through various infrastructure and public construction projects, which has accounted for much of the investment growth in 2010. The stimulus package is now at the end of its designed shelf life and while its positive contribution is likely to linger, its direct contribution to the GDP will not. The private sector investment is also expected to witness a similar pattern. As global demand recovers, businesses are picking up investments which were stalled during the Financial Crisis. The high-tech sector in particular, was at the forefront of the investment drive. That said, the capital expenditure cycle is drawing to a close and investments drive in 2011 is likely to dissipate. TIER expects fixed capital formation to contract by 1.69% in 2011. ...Read more |
 |
|
 |
| TAITRA: Taiwan’s exports to the emerging markets up by 27.7% |
| Taiwan's exports to emerging markets for the first half of 2011 rose by 27.7% year-on-year, said vice chairman of TAITRA. Exports to India rose by 50% during the first half of 2011, while to Russia, Vietnam and the Middle East rose by 47%, 27% and 36%, respectively. The figure outperformed what the trade promotion group's target of 23.5 percent. |
|
|
| TIER expects Taiwan's GDP to grow by 5.7% in 2011 |
| The Taiwan Institute of Economic Research (TIER) latest forecast for Taiwan's economic growth this year is 5.7 percent, a marginal correction of 0.02 percent from its previous estimate. According to the TIER, the world economy will continue expansionist growth momentum this year, largely accredited to emerging markets growth as well as increase in consumption and corporate earnings. TIER cited forecasts made by other international forecasting agencies, which were all optimistic towards Taiwan's economic growth in 2011, including 4.4 percent by the Economist and 4.9 percent by Global Insight. Broadly speaking, most economic institutes have put Taiwan's growth this year between 4 percent and 6 percent. |
|
|
|
|
 |
| |
Taiwan Economic Research Monthly
Outlooks for Taiwan’s renewable energy |
| ‧ |
State of the international renewable energy and its political trends
|
|
| ‧ |
Developments of Taiwan’s renewable energy policies
|
|
| ‧ |
Issues facing Taiwan’s renewable energy development
|
|
| ‧ |
Time frame of Taiwan’s renewable energy development
|
|
| ‧ |
Introduction of the global Feed-in Tariff (FIT) system
|
|
| ‧ |
Evaluation of wind and solar power generation technology in Taiwan
|
|
| ‧ |
Introduction of the global renewable energy incentive system
|
|
| ‧ |
Experiences of the smart grid development: the U.S., EURO, Japan, and Korea
|
|
|
|
|