An overall model of development in Taiwan
.
Chapter 4 in Challenging Neoliberalism, 2016, pp 45-81 from Edward Elgar Publishing
Abstract:
This chapter presents an overall model of economic and social development in Taiwan. In particular, we identify four stages in the country’s postwar development: (1) a stage-setting period during the 1950s that created the foundation for (2) the export-led boom based on light industry during the 1960s and early 1970s, which created the resources for (3) industrial upgrading from the late 1970s to the late 1980s, which was followed by (4) slower growth as economic maturity was achieved but also a “political miracle” in the form of a fairly rapid democratic transition and consolidation over the last 25 years. As we shall see, there are strong but complex linkages among these four stages. For the first three stages and for the democratization in the fourth, resources that were created in one period helped promote the transformation to the next. During the last period, in sharp contrast, the legacies of past successes have contributed to economic and political problems.
Keywords: Asian Studies; Development Studies; Economics and Finance; Environment; Geography; Politics and Public Policy (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.elgaronline.com/view/9781784717063.00012.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:16497_4
Ordering information: This item can be ordered from
http://www.e-elgar.com
Access Statistics for this chapter
More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().