Tue, Aug 29, 2006 - Page 3 News List

Taiwan Quick Take: People sour on politics

AGENCIES

A survey found that both political and economic confidence indexes have fallen for three months in a row, with public confidence in domestic political stability declining by a substantive margin, probably owing to high-level corruption scandals and campaigns to depose the president. Global View Monthly magazine published its survey for this month on the Taiwan Public Mood Index (TPMI) yesterday, which showed that both the political confidence index (PCI) and the economic confidence index (ECI) have fallen for three consecutive months, to 36.3 and 31.5 respectively. The PCI dropped 3.2 points from the previous month, and the ECI shed 0.9 points for a composite TPMI fall of 2.1 points to 33.9 points, indicating that politics has played a greater role than economics in souring the public mood. In terms of PCI, people's trust in the ruling party or Ruling Side Trust Index fell to 35.2, while the political optimism index fell to 38.1, signifying the public's low confidence in their political leaders. The indicator on expectations of next month's domestic political stability (or outlook index) declined 4.4 points to 26.1, as respondents turned increasingly pessimistic about the country's political future.

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