Look at the growth in GDP and GDP per capita here and tell me that’s stagnation:
https://en.wikipedia.org/wiki/Economy_of_Taiwan
Taiwan Econ has stagnated for decades.
Hence the top low birth rate in the world
Avg salary of tw is 1.5k usd. The same as 20-30 yrs ago
Average monthly wage:
https://www.statista.com/statistics/319845/taiwan-average-mo...
2000 - 42k NTD
2023 - 58k NTD
Converted to USD:
https://www.poundsterlinglive.com/bank-of-england-spot/histo...
2000 - 1270 USD
2023 - 1870 USD
Look at the growth in GDP and GDP per capita here and tell me that’s stagnation:
https://en.wikipedia.org/wiki/Economy_of_Taiwan