Economic activity picked up in the second half of 2012, compensating for the slump in the first half
to record growth at 1.3%. As external conditions improve, this tepid economic expansion is giving w...
to more robust growth in 2013 and 2014 without igniting inflation. The authorities should continue to
maintain adequate policy flexibility to respond to economic challenges that may be posed by a slowdown
in the PRC or a weaker yen.
------------ Source : Asian Development Outlook Database - http://www.adb.org/sites/default/files/ado2013-taipei.pdf
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