Taiwan's Economic Transformation (eBook, PDF)

Leadership, Property Rights and Institutional Change 1949-1965

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This book tells the story of Taiwan's economic revolution-how Taiwan transformed itself from a planned economy into a market economy between 1949 and 1965. The authors posit that it was the Kuomintang Government's endorsement of property rights reform and institutional change that enabled Taiwan to transform from an impoverished command economy to one of the fastest growing economies in the world. The book gives special attention to how a small group of political and economic leaders began adopting the new ideas and beliefs that created the vision that enabled them to embrace institutional and...

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