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2007-03-12

Citigroup 花旗-台湾经济周刊:一个M形的社会结构?

Taiwan Economic Weekly:An M-Shaped Society?

09-Mar-07 9页 英文

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➤ A widening income gap among households indicates that Taiwan might be heading toward polarization of the rich and poor although the Gini coefficient suggests that the income disparity in Taiwan is less excessive than that in many other countries
➤ We think the 2001 economic recession, globalization, technological innovation, financial market liberalization, increase in non-regular employment, demographic trend of an ageing population and downsizing household size, and a tax system placing the burden heavily on salaried workers likely contributed to the rise in income inequality
➤ A dwindling middle class could damp aggregate consumption and economic growth (potential) and increase the fiscal burden. The central bank will likely maintain a policy environment of low interest rates and

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