Taiwan is one of the original four “East Asian Tiger” economies whose dramatic economic successes of recent decades influenced the way economists think about development. The experience of Taiwan was a major motivation behind the changes in economic policy instituted in the People’s Republic of China beginning in 1978. Taiwan’s claim to its status as a “development miracle” is strong. The island racked up a measured annual economic growth rate averaging about 7% over the four decades from 1960 to 2000. Taiwan’s economy grew nearly 10% annually in 1965–1980, faster than any other nation’s economic growth. Despite its now high-income status, with a per capita income of $13,925 in 2000, Taiwan continued to grow, at a rapid rate of 5.7% on average over the 1996–2000 period. Sustaining such high rates over such a long period of time was extraordinary until the subsequent growth of China itself. At least as important, Taiwan has achieved universal elementary and middle school education, a healthy population with a life expectancy of 75 years, and an infant mortality rate of only 5 per 1,000 live births. Absolute poverty has essentially been eliminated, unemployment is extremely low, and relative inequality is modest even by developed-country standards.
A case study “A Pioneer in Development Success through Trade: Taiwan” is given in the text book of Economic Development by M.P.Todaro at the end of Chapter 12 “International Trade Theory and Development Strategy”.
Being an economist, analyze the case of Taiwan’s development success and discuss the development factors behind the development success of Taiwan.
plz koi is pr discuss kr dy....
Please Discuss here about this GDB.Thanks
Our main purpose here discussion not just Solution
We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.
haan g koi discussion nahi yaha per.....lets start discussion
This is the case study file in attachment, lets understand this firstly...
In this GDB, he want explanation about successful development like :
Competing Explanation for Success
Initiation of Export-Led Growth
Direct Aid from America
Taiwan used Aid to Invest rather than Consume
Working Ethic & Productivity Attitude
Another requirement is Discussion about the Development Factors behind the development success of Taiwan which can be like:
It’s a crucial factor for Taiwan Development success.
High way is argued to be a represent for “growth pole”.
During Japanese colonial (1905-1945): Taiwan has improved its
infrastructure system for superiors compared to that of most poor
countries at that time.
ye sb likhna ae is GDB mn???????
yar seemi yeh point hai aur yeh us case study me likha hai jis ka vu nay sawal me ziker kia hai....en points ko lay ker 2no hisso ka jawab dana hai sawal kay
acha itna ziada kch likhna hai mtlb kch ni likhna fine