Industrialization & the State – The Changing Role of the Taiwan Government in the Economy 1945–1998: The Changing Role of Government in Taiwan's ... Studies in International Development) - Softcover

Hsueh, Li–min

Softcover

ISBN 10: 0674002539 ISBN 13: 9780674002531

Publisher: Harvard University Press, 2002

Synopsis

Taiwan's export-led industrial development is often presented as a model of how state intervention promotes growth. Others see the same experience as a model of a private enterprise market at work. This study demonstrates that Taiwan policy-makers varied their approach to development as circumstances changed. Export promotion of labour-intensive industries, which predominated in the 1960s, was supplemented by efforts to promote import-substituting heavy industries in the 1970s. In the early 1980s there was a fundamental change in the economic environment as Taiwan government reduced its active intervention in the economy and created a foundation for development based on information and other high-technology products. Taiwan's economy continued to prosper in the 1990s because policies and systems changed along with conditions.

Edition details

• Publisher: Harvard University Press
• Publication date: 2002
• Language: English
• ISBN 10: 0674002539
• ISBN 13: 9780674002531
• Binding: Paperback
• Number of pages: 358