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| 10148. GOVERNMENT LEADERSHIP AND THE ECONOMIC MODERNIZATION OF TAIWAN, 1953 -- PRESENT. Analyzes the 3 phases of Taiwan's miraculous economic growth, demonstrating how judicious government policies helped make this possible. (1) IMPORT SUBSTITUIONS PHASE (1950-62): land reform, monetary policies, foreign exchange and trade policies, budgetary policy, privatization, social spending. (2) EXTERNALLY (EXPORT)-ORIENTED SUB-PHASE (1962-1980): Role of 4-Year Plans, Enterprise Zones, tax incentives, monetary and budgetary policies, oil crises. (3) TECHNOLOGY-ORIENTED SUB-PHASE (POST-1980): Government's call for switch from labor-intensive to capital-intensive manufacturing; swelling of export position; Taiwan's cash hoard. concludes with an assessment of whether Taiwan's experience can help developing nations. 31 pages, 146 footnotes, 33 bibliographic sources. |
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