Government efforts launched last month to stimulate the economy lack any clear results and GDP might still contract or grow at a rate of less than 1 percent, economists said yesterday.
National Taiwan University economics professor Kenneth Lin (林向愷) said he did not believe President Ma Ying-jeou (馬英九) could make good on his promise to make economic progress within the month — which would be up on Wednesday — despite a rise in exports last month and a lowering of the unemployment rate.
