Taiwan's Economic History

  title={Taiwan's Economic History},
  author={Alice Hoffenberg Amsden},
  journal={Modern China},
  pages={341 - 379}
  • A. Amsden
  • Published 1 July 1979
  • Economics
  • Modern China
Taiwan distinguishes itself as one of the few non-socialist economies since Japan to rise from the grossest poverty and to enter the world of the developed. As if this were not enough, and if the figures are correct, income distribution has also been far less inequitable in Taiwan than in other poor "market economies." Both phenomena together have earned Taiwan the title of "economic miracle." In seeking an explanation for these phenomena, which are rather miraculous in the context of continued… 

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