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The Taiwan Success Story - Rapid Growith With Improved Distribution In The Republic Of China, 1952-1979 (Paperback)
Loot Price: R1,151
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The Taiwan Success Story - Rapid Growith With Improved Distribution In The Republic Of China, 1952-1979 (Paperback)
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"Economists and policymakers have long been perplexed over the way
rapid growth appears to conflict with the other common goal of
developing nations - more equitable income distribution. But
economic expansion need not preclude equity, as demonstrated by the
case of Taiwan, which experienced high rates of economic growth
between the early 1950s and the late 1970s while simultaneously
improving the distribution of income among its people. This book
describes how the Republic of China managed this balancing of goals
and analyzes the reasons for Taiwan's exceptional performance. The
authors illustrate how full utilization of the country's vast human
resources through emphasis on labor-intensive production has worked
to make Taiwan's products competitive in international markets and
to make fiscal redistribution after the fact unnecessary. They also
cite Taiwan's early attention to land reform, to productivity in
agriculture, and to the spread of decentralized rural industry as
important factors in the country's achievements. They point out
that, although the specifics may change, strategies and policy
implications drawn from the Taiwan experience should be applicable
in other developing countries."
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