Taiwan's Economic History

Amsden, Alice H.

doi:10.1177/009770047900500304

Cited by 124 publications

(12 citation statements)

References 7 publications

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“…Regarding Taiwan’s economy, Taiwan is one of the few economies since Japan to rise from the grossest poverty and enter the developed world. With far less inequity than other market economies, Taiwan has earned the title of ‘economic miracle’ (Amsden, 1979). While there are different explanations for Taiwan’s miracle and the debate is far from settled (Tsai 1999), Taiwan has done exceptionally well despite relatively unfavourable resource endowment and population density (Lau 2002).…”

Section: Economic Gapmentioning

confidence: 99%

Cross-Strait Relations Between Taiwan and Mainland China: The Economic Imbalance and its Implications

Liu¹

2023

China Report

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The cross-strait relations between Taiwan and China are critical in the Asia Pacific and the world. This study focuses on economic relations and their implications. The main conclusions include: First, the economic gap in output is increasingly larger, thus favouring China. Based on a time series robust least squares model, this study finds that this economic strength will significantly reduce the number of Taiwan’s foreign allies. At the same time, this economic strength also brings military imbalance. Second, by employing the Granger causality tests to examine the causality relations between the stock markets of Taiwan and China, which reflect the economic integrations in areas such as the trade of goods and services and capital flow, this study finds that China is in a dominant position. At the same time, Taiwan is in a dominated position. However, except for tourism, the effects of China’s dominant position as leverage seem limited.

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Section: Economic Gapmentioning

confidence: 99%

Cross-Strait Relations Between Taiwan and Mainland China: The Economic Imbalance and its Implications

Liu¹

2023

China Report

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“…In the Soviet Union and China, revolutionary states expropriated the landed elite and captured the 'surplus' required to finance industrialisation, at the cost of the immiseration of the peasantry, through agricultural collectivisation (Akram-Lodhi and Kay 2010). Meanwhile, in late developing South Korea and Taiwan, the state expropriated the landed elite and redistributed land to smallholders in the aftermath of the Second World War. Here it was the state, rather than market forces, that raised agricultural productivity and ensured agriculture's contribution to industry, investing in rural infrastructure and agricultural extension services, forcing farmers to adopt new technologies and extracting the agrarian surplus through taxation and adverse terms of trade (Amsden 1979, Wade 1983, Moore 1984, Byres 1991, Kay 2002.…”

Section: Structural Transformation and The Role Of The Statementioning

confidence: 99%

“…For example, rather than particularly high levels of technical expertise, land reform and raising smallholder productivity place demands on the state's 'infrastructural power', namely its ability to reach out across national territory and implement policies on the ground (Mann 1984(Mann , 1986. As such, agrarian transformation in East Asia required an extensive network of state-employed agricultural extension workers that carried out land redistribution, advised farmers on production and distributed improved inputs (Amsden 1979, Moore 1984, Byres 1991, Mellor 2017. Third, cohesion amongst the ruling elite is essential for state-led development (Doner et al 2005, Vu 2010, Whitfield et al 2015, Khan 2018.…”

Section: Political Drivers Of State-led Developmentmentioning

confidence: 99%

Ethiopia’s ‘Developmental State’

Lavers

2023

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Ethiopia stands out as a leading example of state-led development in Africa. Tom Lavers offers in this book a comprehensive, multi-sector analysis of Ethiopia's development project, examining how regimes maintain power during the extended periods required to bring about economic transformation. Specifically, Lavers explores how the Ethiopian Peoples' Revolutionary Democratic Front (EPRDF, 1991-2019) sought to maintain political order through economic transformation, and why the party collapsed, leading to the outbreak of civil war in 2020. The book argues that the EPRDF sought to secure mass acquiescence through distribution of land and employment. However, rapid population growth and the limits of industrial policy in the contemporary global economy led to a distributive crisis that was a central factor in the regime's collapse. This Ethiopian experience raises important questions about the prospects for economic transformation elsewhere on the continent. This title is also available as Open Access on Cambridge Core at doi.org/9781009428316.

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“…As a key to an understanding of the economic performance of the East Asian NIEs compared with alternative paradigms, the model of the developmental state certainly represents a challenge to dependency theory (Amsden 1979). It is less…”

Section: Close Government-big Business Relationsmentioning

confidence: 99%

Political Economy and East Asian Economic Development

Islam¹

1992

Asian-Pac Economic Lit

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Taiwan's Economic History

Cited by 124 publications

References 7 publications

Cross-Strait Relations Between Taiwan and Mainland China: The Economic Imbalance and its Implications

Cross-Strait Relations Between Taiwan and Mainland China: The Economic Imbalance and its Implications

Ethiopia’s ‘Developmental State’

Political Economy and East Asian Economic Development

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