Over the past four decades, Taiwan has achieved remarkable economic
growth. In this important book, a distinguished group of
contributors employs a comparative perspective to explore the
reasons behind and the lessons to be learned from Taiwan's success.
Included in the analysis is an insight into the strategy for
economic development, the effectiveness of import substitution and
the influence of foreign firms in Taiwan's development. The
contributors also analyze the implications of development for
income distribution and assess the effect of economic growth on
inequality, female labor force participation and income mobility.
The possibilities for a more even income distribution are then
examined within the context of technological progress and a better
education system. Finally, the authors explore the institutional
foundation for industrialisation and the relationship between
democratization and economic development in order to help explain
Taiwan's extraordinary achievement. This book will be of great
interest to scholars of Asian studies, development studies and
international economics.
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