Economic Development of Taiwan : Early Experiences and the Pacific Trade Triangle

The story of Taiwan's economic growth was once the metaphor for success among emerging economies. This new book, based on extensive research over many years, is a work deeply rooted both in economic and historical analysis. It shows the importance of colonial legacies; international partners and markets; technocratic expertise; and sustainable agricultural reform. This book reminds us of Taiwan's capacity for experimentation, innovation, and success in global markets. Serious scholars of Taiwan's -- and the global -- economy will want to read this book. William C KirbySpangler Family Professor of Business AdministrationT M Chang Professor of China StudiesHarvard Business School"This collection of papers provides a rigorous, insightful and systematic analysis of how the Taiwan economy developed from an agrarian economy to a high-tech power, and the role played by the Japanese legacy, democratization and the trade triangle of Japan, the US and Taiwan. It challenges the traditional Western view that the success of the Taiwan economy was led by wise government policies."Sheng-Cheng HuAcademician, Academia Sinica, TaiwanK T Li Professor, National Central University, TaiwanTaiwan's economic growth since the 1970s has roots in its pre-war development and post-war formation of the Pacific trade triangle. By highlighting the historical perspective of the Japanese linkages and the geographic vantage point of Taiwan - Japan - USA trade triangle, Economic Development of Taiwan features a collection of papers by Frank S T Hsiao and Mei-Chu Wang Hsiao. Published mostly between 1989 and 2002, their analyses on Taiwan's pre-war and post-war early economic history debunk the myth of the country's post-war rags to riches story and revalue the myth of wise government policy. Timely and accessible, this unique volume shows how early Taiwanese experiences of economic development can be valuable paradigms for emerging economies of Asian, African and Latin American countries in this age of globalization.

Author: Frank S. T. Hsiao, Mei-Chu Wang Hsiao

Publisher: World Scientific Publishing Company Incorporated

Publication Date: Apr 21, 2015

Number of Pages: 578 pages

Language: English

Binding: Hardcover

ISBN-10: 9814618500

ISBN-13: 9789814618502