The economy of Taiwan has continued to grow vigorously, despite the cessation of U.S. grants and the abatement of the sugar boom since 1965. Investment and exports have been the engines of growth. Post-war economic development in Taiwan has become a frequently cited example of a success. The availability of ample U.S. financial and technical assistance was, of course, essential for sparking and supporting the Republic's rapid development. An outstanding feature of the Republic's postwar development policy has been the attention paid to the rural sector. Another striking feature of the development policy is the attention paid to market opportunities, especially in exports. In general, the Republic's economic success has been due more to pragmatic development policy and strategy than any sophisticated and detailed development planning. This report presents and analyzes briefly the major developments in the Taiwan's economic and financial situation during the Fourth Plan and Fifth Plan (1965-1972), to evaluate their effects and the more remote prospects of the Taiwan's economy.
Details
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Document Date
1968/09/11
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Document Type
Pre-2003 Economic or Sector Report
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Report Number
AS142
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Volume No
2
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Total Volume(s)
2
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Country
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Region
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Disclosure Date
2010/06/12
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Disclosure Status
Disclosed
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Doc Name
China - Current economic position and prospects
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Keywords
gross national product;long-term public debt;government loan;citrus fruit;statistical service;surplus agricultural commodity;repayment terms;fuel oil;freight car;foreign currency;statistical appendix;Water Power;crude oil equivalent;Real estate;agriculture and forestry;private bank credit;raw timber;balance of payment;crop area;statement of condition;revenue from taxes;crop year;harvest area;hydrochloric acid;sanitary service;petroleum product;ocean freight;foreign national;fishing boat;statistical data;foreign exchange;cultivated land;government surplus;wholesale price;money supply;monetary system;public finance;intergovernmental debt;diesel oil;external trade;national income;market price;canned food;gross tonnage;factor income;building construction;retail trade;national defense;
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Citation
China - Current economic position and prospects (Vol. 2) (English). Asia series,no. AS 142 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/410121468212995846/China-Current-economic-position-and-prospects