- Paperback: 358 pages
- Publisher: Harvard University Press (24 Jan 2002)
- Language English
- ISBN-10: 0674002539
- ISBN-13: 978-0674002531
- Product Dimensions: 22.8 x 15.3 x 2.2 cm
- Amazon Bestsellers Rank: 2,590,986 in Books (See Top 100 in Books)
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Product Description
Product Description
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.
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