Since the Communists gained control of mainland China 40 years ago, Taiwan has transformed itself from an embattled and impoverished island to one of the world's leading trading nations today, with a massive balance of payments surplus. The achievement is all the more remarkable as the country has scarcely any natural resources and has had to maintain an expensive defence capability, unlike Japan. How has this been achieved? In the 40 lectures and articles by Dr K.T. Li, the architect of the transforamtion, an insight is gained of a philosophy, neither Communist nor Capitalist, which has guided the economic decision-making. Thus Taiwan, in evolving from a rural to a highly industrialized economy, was able to introduce a major land reform without a revolution and reduce the gap in income between the rich and poor . Government planning has played a major role in guiding the development without stifling the initiative of the entrepreneur.
The lectures and articles are grouped into seven themes: National Economic Development and Planning; Regional Economic Development; International Economic Co-operation; Industrial and Technological Development; Agricultural Development; Economic Development and Social Change; and Research on Mainland China's Economy.
- ISBN10 0856831085
- ISBN13 9780856831089
- Publish Date 27 October 1988
- Publish Status Out of Print
- Out of Print 6 November 2009
- Publish Country GB
- Imprint Shepheard-Walwyn (Publishers) Ltd
- Format Hardcover
- Pages 448
- Language English