News6-Taiwan tops Asian tigers in 2014 economic growth
South Korea, Singapore, Hong Kong and
Taiwan are deemed the Asian tigers, meaning that these economies are thriving
and seems to have influential power among Asian countries. The news article
mentioned Taiwan was back at the head of the group for the first time since
2000.
Taiwan's have a stable and substantial
economic growth in the past three years, it has once declined due to the fall
in exports of electronic devices, but it seems recovering steadily now. Moreover,
Taiwan boasts the most equitable household and individual income distribution
as well as the lowest average inflation rate for 2000 to 2014. Real wage also
receives a growth last year. These indicators show that Taiwan's economy is
thriving and robust and we can anticipate a continuous growth in a
not-so-distant future.