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Liberalization, Privatization and the Pace of Economic Development in Taiwan

In: Development Economics and Policy

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  • John-ren Chen

Abstract

The economic development in Taiwan since the 1950s can be briefly characterized by privatization and liberalization. Liberalization is necessary for privatization, which was the result of the bad performance of public enterprises. In this paper we discuss the reasons for the success of the industrialization in Taiwan.

Suggested Citation

  • John-ren Chen, 1998. "Liberalization, Privatization and the Pace of Economic Development in Taiwan," Palgrave Macmillan Books, in: David Sapsford & John-ren Chen (ed.), Development Economics and Policy, chapter 9, pages 146-171, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26769-9_9
    DOI: 10.1007/978-1-349-26769-9_9
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