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.
- ISBN10 0674002539
- ISBN13 9780674002531
- Publish Date 15 April 2002 (first published 15 February 2002)
- Publish Status Out of Print
- Out of Print 22 February 2007
- Publish Country US
- Imprint Harvard University Press
- Format Paperback
- Pages 358
- Language English