Narendra Modi’s economy isn’t booming for India’s unemployed youth 
Inflation: why prices look likely to stay high in the UK and Ireland, and what that means for mortgages 
The Federal Reserve and the art of navigating a soft landing ... when economic data sends mixed signals 
Vladimir Putin’s gold strategy explains why sanctions against Russia have failed 
Why Africa can be the beating heart of South Korea’s technology industry 
The yen plunges to 34-year low despite interest rate hike 
‘They don’t have enough’ – schools in England are running food banks for families 
Economists say Australia shouldn’t try to transition to net zero by aping the mammoth US Inflation Reduction Act 
Why China’s economy has hit a wall 
The Central Bank of the Republic of the China (Taiwan) is expected to hold the monetary policy rate unchanged at 1.375 percent through 2020, according to the latest report from ANZ Research.
Taiwan’s GDP growth will remain robust in 2020 (ANZ forecast: 2.1), on the back of a pick-up in exports. Stable domestic demand along with robust external demand underpins our positive outlook.
Domestic demand is expected add 1.5ppt to headline growth, while net external demand will add 0.6ppt in 2020. In the wake of fragile US-China trade relations, Taiwan’s policymakers have focussed on attracting investment and encouraging domestic manufacturers to establish operations back home.
This realignment of the supply chain has enabled Taiwan to integrate more deeply in Asia’s value chain, the report added.
Government schemes have attracted approved investments worth USD27.5 billion, of which official estimates indicate USD7.6 billion to be committed to active projects by end 2019. These business-friendly policies place Taiwan in a position to reap benefit of tech sector revival.
"Manufacturing surveys and production trend point to an incipient recovery. We expect Taiwan’s domestic indicators for exports and production to advance in H1 2020. Subsequently, the durability of the tech sector recovery will underpin the momentum through H2 2020," ANZ Research further commented in the report.
