The Taiwanese Development Model Since 1960
The Taiwanese Development Model Since 1960
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......
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