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Excerpts
Background Note
Early History
Before the Second World War, Taiwan was a colony of Japan. At that time, agricultural production was dominant. During the war, Japan used Taiwan as a wartime supply base, developing munitions-related industries with astonishing speed...
Economic Policies
After its independence in 1945, the state played a dominant role in Taiwan's economic development although the private sector was also encouraged. From the mid-1970s, private business became more independent...
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The Industry
In the 1950s and 60s, Taiwan's main strength had been its abundant supply of cheap labor. Consequently, labor-intensive industries predominated, which produced consumer goods such as foodstuffs and textiles, at first largely for domestic consumption but after 1960, increasingly for export...
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Trade
Taiwan's limited resources and lack of advanced technology made it heavily dependent on imported materials, equipment, and technology (particularly from Japan and the US). Moreover, the limited domestic market made exports (particularly to the US) very important for Taiwan...
Exhibits
Exhibit I: Taiwan: Social Indicators
Exhibit II: Taiwan: Economic Indicators
Exhibit III: Taiwan: Banking
Exhibit IV: Taiwan: Labor Force |
Exhibit V: Taiwan: Industrial Production
Exhibit VI: Taiwan: Trade and Finance
Exhibit VII: Taiwan: Expanding Ties with China
Exhibit VIII: Taiwan: Computer Industry
Exhibit IX: Taiwan: Moving Up the Value Chain
Exhibit X: Taiwan: Profile of the Machine Tool Industry
Exhibit XI: Taiwan: Profile of the Semiconductor Production Equipment
Market
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