Taiwanese Development Model-

A detailed Summary of Taiwanese Development Model-

According to Thomas Gold Taiwan offers a text book case of an

elite-led revolution leading to social transformation. The stability

of hard authoritarianism of the Taiwanese government laid the

groundwork for Taiwanese development. The KMT's cohesiveness and

political domination plus the economic development aid supplied by the

United States also helped to provide good conditions for Taiwanese

growth in the beginning. Once the KMT gained control of Taiwan they

redistributed the land and launched a program of rehabilitation and

industrialization. This period was responsible for the nationalization

of many businesses formerly owned by the Japanese and the start of

industrial production in Taiwan marked by a shift away from

agriculture to industry. During the early period of industrialization

Taiwan tried to create domestic markets for its goods. During

the period from 1960 to 1973 Taiwan pursued export expansion in the

area of industrial goods. During this pe

improved the quality and quantity of its exports.

and the United States. Third, Taiwan benefited by having a implacable

of Taiwan's industrial policy could prove effective for countries

authoritarian government became a victim of its own success because as

effectively channel the energies of Taiwan toward modernization. This

to copy it. One of the elements that nations should not copy from the

time changing as the attitudes of the Taiwanese people changed.

some lessons that could be copied in other nations seeking to

bureaucracy that tightly controlled its nations citizenry in

power, Japan to which is had close ties even after 1950. Second,

opposition. During this period Taiwan faced the oil shock, and

extra-ministerial ministries to guide development, strategic credit

allocation, collection and efficient management of data concerning the

Approximate Word count = 681
Approximate Pages = 3 (250 words per page double spaced)

Category: History

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