Sovereignty, survival, and the transformation of the Taiwan state

Wang, Jenn-hwan

doi:10.4324/9780203338988_chapter_5

Cited by 3 publications

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“…China's tariffs tended to protect raw materials rather than finished goods; Taiwan imported raw materials to produce finished goods. The Nationalist government did not establish its own set of duties until 1955, when it raised the nominal tariff on finished goods from 20 percent to nearly 45 percent, to equalise them with the tariff on raw materials (Pang, 1992). 16 According to Tsiang (1984, p. 74), "During the 1950s, there were few signs of any sensible vision about Taiwan's future development, let alone any conscious strategies….…”

Section: Taiwan's Foreign Exchange Regimementioning

confidence: 99%

“…The Chang Kai‐shek government seemed comfortable with this situation because its military leaders were more focused on defending the country against China than on promoting economic development (Pang, 1992). Most of the country's decisionmakers were military leaders or engineers who lacked any background in economics and to whom the idea of a planned economy came naturally.…”

Section: Taiwan's Foreign Exchange Regimementioning

confidence: 99%

“…The problem in actual situations are ever‐changing and definitely cannot be solved by adhering to a certain theory or a certain assertion only. (Quoted in Pang, 1992, pp. 96–97)Yet, without the influence of Tsiang and Liu, Yin was unlikely to have understood how the policies that he eventually embraced would solve the actual problems he faced.…”

Section: Aftermath Of Reformsmentioning

confidence: 99%

“…The problem in actual situations are ever‐changing and definitely cannot be solved by adhering to a certain theory or a certain assertion only. (Quoted in Pang, 1992, pp. 96–97)…”

Section: Aftermath Of Reformsmentioning

confidence: 99%

“…He was the economic tsar of his times," according toWu (2005, p. 59). SeePang (1992) andLiu (1987) for more biographical background.21 As Yin put it, he believed in "solving problems effectively and practically in a real environment, in order to optimise the economic welfare of the nation, without rigidly adhering to any school of thought. After all, as real-world problems are complex and many, one cannot expect to solve them by simply utilising one school of thought and ignoring all others" (quoted inKuo & Myers, 2012, p. 109).22 As Yin wrote in May 1952, "At present, Taiwan has not been able to balance the international payment yet, and it is the arrival of US aid that can compensate for the trade deficit.…”

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confidence: 99%

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Economic ideas and Taiwan's shift to export promotion in the 1950s

Irwin

2023

World Economy

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Taiwan was the first developing country to adopt an export-oriented trade strategy after World War II. The factors usually associated with big shifts in policy-a macroeconomic crisis, a change in political power or institutions, lobbying by export interests, pressure from international financial institutions-were not present; it was ideas that were key. In 1954, economist S. C. Tsiang proposed that Taiwan boost export earnings rather than squeeze import spending to deal with its chronic shortage of foreign exchange. He recommended a currency devaluation to establish a realistic exchange rate and a market-based system of foreign exchange allocation to end the inefficient rationing by the government. Four years later, a policymaker, K. Y. Yin, fought for the adoption of Tsiang's proposal, helping to clear the way for Taiwan's phenomenal growth in trade. K E Y W O R D Sflexible exchange rates, foreign exchange, trade reform

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Section: Taiwan's Foreign Exchange Regimementioning

confidence: 99%

Section: Taiwan's Foreign Exchange Regimementioning

confidence: 99%

Section: Aftermath Of Reformsmentioning

confidence: 99%

“…The problem in actual situations are ever‐changing and definitely cannot be solved by adhering to a certain theory or a certain assertion only. (Quoted in Pang, 1992, pp. 96–97)…”

Section: Aftermath Of Reformsmentioning

confidence: 99%

mentioning

confidence: 99%

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Economic ideas and Taiwan's shift to export promotion in the 1950s

Irwin

2023

World Economy

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Contesting Taipei as a world city

Wang¹,

Huang²

2009

City

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Centralization, Elite Capture, and Service Provision: Evidence From Taiwan

Wang

2023

Comparative Political Studies

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Much recent work has debated the effect of decentralization on service provision, its underlying mechanisms, and the tradeoff between responsiveness and elite capture. This study contributes to that debate by investigating a rare partial rollout of institutional change that reversed administrative, fiscal, and political decentralization in Taiwan. Utilizing a difference-in-differences design, I find that centralization decreases public goods provision and that such a negative effect is stronger and more robust on those public goods that involve greater local government activity. Additional evidence related to mechanisms suggests that the loss of proximity and accountability in service delivery after centralization can be critical. The effect heterogeneity results do not constitute strong evidence that centralization significantly improves service provision in areas with higher levels of local elite capture. These findings highlight the importance of decentralization’s responsiveness advantages in improving local service provision and advance the policy debate on local institutional choice.

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Sovereignty, survival, and the transformation of the Taiwan state

Cited by 3 publications

References 0 publications

Economic ideas and Taiwan's shift to export promotion in the 1950s

Economic ideas and Taiwan's shift to export promotion in the 1950s

Contesting Taipei as a world city

Centralization, Elite Capture, and Service Provision: Evidence From Taiwan

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