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Book Cover
E-book
Author Kuo, Shirley W. Y., 1930-

Title The Taiwan Economy in Transition
Published Milton : Routledge, 2019

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Description 1 online resource (373 pages)
Contents Cover; Half Title; Title; Copyright; Preface; Contents; 1. Introduction; PART I. KEY ISSUES OF THE EARLY PERIOD; 2. Savings, Investment and U.S. Aid; Review of Savings and Investment, 1951-1965; Factors Contributing to High Savings; 3. Effects of Land Reform, Agricultural Pricing Policy and Economic Growth on Multiple Cropping and Agricultural Diversification; Definitions of Multiple Cropping and Diversity Indices; Effects of Land Reform; Effects of Agricultural Pricing Policy; Effects of General Economic Growth on Agricultural Diversification; Conclusions
PART II. LABOR ABSORPTION AND INCOME DISTRIBUTION4. Labor Absorption and Full Employment; Changes in Unemployment Rates; Where was Labor Absorbed?; Characteristics of Labor Absorption; Conclusions; 5. Female Participation in Economic Development; Percentage of Female Employment in Total Employment; Female Labor Force Participation Rate by Age Group and Education; Female Employment by Industry and Occupation Group; Female Higher Education; 6. Income Distribution; Status and Changes of Income Distribution, 1953-1980; The Decomposition Equation by Group
Farm Income and Nonfarm Income InequalitiesIncome Distribution Associated with Urbanization; PART III. TRADE, PRICES AND EXTERNAL SHOCKS; 7. Effects of Exports on Growth and Employment; Historical Review of Exports and Imports; Decomposition of Demand Expansion; Contribution of Exports to Growth -- A Quantitative Appraisal; Contribution of Trade to Employment -- A Quantitative Appraisal; 8. The Basic Cause of Export Expansion -- A Comparison of ROC, Japan, Korea and Hong Kong; 9. Cost-Price Changes Caused by External Shocks -- The Case of 1973 Inflation; A Cost-Price Model for the Taiwan Economy
Effects of Changes in Foreign Exchange Rates on Production CostsEffects of Changes in Foreign Prices on Production Costs; 10. Growth, Inflation, and Policies in the Wake of the Oil Crises; Growth and Inflation in the 1970s; Causes of Inflation; Government Policies; PART IV. TECHNICAL CHANGE; 11. Technical Change and Factor Utilization; Technical Change Assessed by Value Added Production Function, 1952-1980; Technical Change Assessed by Gross Production Function, 1961-1976; 12. Structural Change and Technology of Tertiary Industry; Growth, Price Change and Employment in Tertiary Industries
Productivity and Investment in Tertiary IndustriesLinkages of Tertiary Industries; Conclusions; PART V. ECONOMIC POLICIES; 13. Stabilization Policies of the Early 1950s; Monetary Reform and Other Measures; Interest Rate Policy; The Balanced Government Budget; 14. From Import Substitution to Export Promotion Policies in the 1960s; Import Substitution Policies; Export Promotion Policies in the 1960s; Nominal Rate of Protection; Real Effective Exchange Rate; 15. Problems and Policies of the 1980s; Energy Policies; Trade and Structural Change; Fiscal Policies; Monetary Policies; Manpower
Summary The Taiwan economy has undergone a successful transition in the post-war period-transition from agricultural to industrial, from traditional to modem, and from backward to advanced economy. This book explores and illuminates broad dimensions of the transition growth of the Taiwan economy for the period 1951-81. It deals in depth with all major aspects: key issues of the early period; labor absorption and income distribution; trade, prices and external shocks; technical change; and economic policies. The coverage of these topics is extensive, so as to give readers a comprehensive outlook of the development of Taiwan after the Second World War
Notes Technology
Print version record
Subject Economic history
Economic policy
SUBJECT Taiwan -- Economic conditions -- 1945- http://id.loc.gov/authorities/subjects/sh85131978
Taiwan -- Economic policy -- 1945- http://id.loc.gov/authorities/subjects/sh85131983
Subject Taiwan
Form Electronic book
ISBN 9781000234312
1000234312
9780429315190
0429315198
9781000270259
1000270254
9781000306194
1000306194