Characterized in the 1950s by per capita annual incomes of less than $50, hyper-inflation and complete dependence on outside aid, tiny Taiwan has emerged as the 13th strongest trading nation in the world, moving steadily towards equitable distribution of income and the alleviation of poverty. What must Taiwan do in order to complete its acceptance as a mature capitalist country? Reviewing the island's economic and social system as a whole and on a sector-by-sector and market-by-market basis, the contributors to this book set out to reveal the path of structural changes that made existing gains possible and to analyze current conditions and specific requirements for organizational and policy changes in the future.
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