Written by Ian Inkster. When attempting a summary prediction of Taiwan’s political economy in January of 2019, I admitted that even annual forecasting can look very foolish, especially during the decline in democratic systems perceived at that time and the importance of complex external commercial relations to the country’s growth and welfare. The forecaster turns idiot with awful speed. I asked to be forgiven during the gentle days of Chinese New Year! Like everyone, I did not predict the coming Covid 19.
