Do you want to stay informed about this journal? Click the buttons to subscribe to our alerts.
The aim of this article is to showcase how Taiwan entered into the us-led capitalist system via the aid (1951-1965) as an intermediate and how was the aid related to Taiwan’s post-war economic development. There are three points made in this article. First, the main purpose of the us aid was to reinforce Taiwan’s military capabilities against the Communist China’s invasion. Second, although the us aid was not for Taiwan’s economic development, it was by means of the us aid that the small island could afford the large military establishment without damaging its domestic economy. Third, with the us assistance, the kmt had its bureaucratic agencies to guide all aspects of the island’s economy. In consideration of large military expenditure and the economic chaos at that time, there would be no so-called “state-led development” in Taiwan without initial financial injection from the us.
Purchase
Buy instant access (PDF download and unlimited online access):
Institutional Login
Log in with Open Athens, Shibboleth, or your institutional credentials
Personal login
Log in with your brill.com account
Amsden Alice H. “Taiwan’s Economic History: A Case of Etatisme and a Challenge to Dependency Theory” Modern China 1979 5 371 374
Amsden Alice H. Evens Peter, Rueschemeyer Dietrich & Skocpol Theda “The State and Taiwan’s Economic Development” Bringing the State Back In 1985 Cambridge Cambridge University Press
Barrett Richard E. & Whyte Martin K. “Dependency Theory and Taiwan: Analysis of a Deviant Case” The American Journal of Sociology 1982 87 1064 1089
Chang David W. “us Aid and Economic Progress in Taiwan” Asian Survey 1965 5 152 160
China Yearbook 1958-1959 Taipei China Publishing Co.
China Yearbook 1964-1965 Taipei China Publishing Co.
China Yearbook 1966-1967 Taipei China Publishing Co.
Council for Economic Planning and Development Taiwan Statistical Data Book 2005 Taipei
Cullather Nick “Fuel for the Good Dragon: The United States and Industrial Policy in Taiwan, 1950-1965” Diplomatic History 1996 20 1 25
Duan C.-P. Taiwan Post-War Economy 1992 Taipei Ren-Jian Publishing Co. Ltd. (in Chinese)
Dumont Rene Taïwan, le prix de la réussite 1987 Paris La Découverte
Evens Peter & Pang Chien-kuo Hsiao Hsin-Huang Michael, Cheng Wei-Yuan & Chan Hou-Sheng “State Structure and State Policy: Implications of the Taiwanese Case for Newly Industrializing Countries” Taiwan, A Newly Industrialized State 1989 Taipei Pioneer Printing Co. Ltd.
Gilpin Robert The Political Economy of International Relation 1987 Princeton Princeton University Press
Gold Thomas B. State and Society in the Taiwan Miracle 1986 New York M.E. Sharpe
Ho Samuel P.S. Economic Development of Taiwan, 1860-1970 1978 New Haven Yale University Press
Ho Samuel P.S. “Economics, Economic Bureaucracy and Taiwan’s Economic Development” Pacific Affairs 60 226 247
Jacoby Neil H. us Aid to Taiwan, a Study of Foreign Aid, Self-Help and Development 1966 New York Praeger
Jordan Amos A. Foreign Aid and the Defense of Southeast Asia 1962 New York Praeger
Kuo Shirley W.Y. Thorbecke Erik & Wan Y. Henry “Government Policy in the Taiwanese Development Process: The Past 50 Years” Taiwan’s Development Experience: Lessons on Roles of Government and Market 1999 Boston Kluwer Academic Publishers
Kuo Tai-Chun & Myers Ramon H. Taiwan’s Economic Transformation: Leadership, Property Rights and Institutional Changes 1949-1965 2012 London Routledge
Kuznets Simon Walter Galenson “Growth and Structural Shifts” Economic Growth and Structural Change in Taiwan: The Postwar experience of the Republic of China 1979 New York Cornell University Press
Chin-Ching Liu Analysis of Taiwan’s Post-War Economy 1992 Taipei Ren-Jian Publishing Co. Ltd. (in Chinese)
Makinen Gail E. & Thomas Woodward G. “The Taiwanese Hyperinflation and Stabilization of 1945-1952” Journal of Money, Credit and Banking 1989 21 90 105
Mutual Security Agency Economic Development of Formosa 1951-1952 1953 Taipei Mission to China Formosa
Organisation for Economic Co-operation and Development The World Economy 2006 Paris OECD Publishing
Paseyro Ricardo Taïwan, clé du Pacifique 1986 Paris Presses Universitaires de France
Perroux François L’économie du XXe Siècle 1961 Paris Presses Universitaires de France
Perroux François “L’effet de domination dans les relations économiques” Economie Appliquée 1987 271 290 Tome, XL
Wade Robert Government and Market: Economic Theory and the Role of Government in East Asian Industrialization 1990 Princeton Princeton University Press
Wallerstein Immanuel “The Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis” Comparative Studies in Society and History 1974a 16 387 415
Wallerstein Immanuel The Modern World-System: Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century 1974b New York Academic Press
Wen H.-Y. Behind Taiwan’s Economic Miracle: Political and Economic Analysis of us Aid Experience in Taiwan 1990 Taipei Tzu-Li Wan Pao Maison Edition (in Chinese)
Wu T.-M. “American Aid and Taiwan’s Economic Development” Taiwan Quarterly in Social Studies 1 145 158 (in Chinese).
Yen T.-K. “The Influence of us Aid to roc’s Economic Development” Issues and Studies 1990 29 85 98 (in Chinese).
All Time | Past Year | Past 30 Days | |
---|---|---|---|
Abstract Views | 5420 | 2180 | 167 |
Full Text Views | 389 | 66 | 9 |
PDF Views & Downloads | 393 | 177 | 20 |
The aim of this article is to showcase how Taiwan entered into the us-led capitalist system via the aid (1951-1965) as an intermediate and how was the aid related to Taiwan’s post-war economic development. There are three points made in this article. First, the main purpose of the us aid was to reinforce Taiwan’s military capabilities against the Communist China’s invasion. Second, although the us aid was not for Taiwan’s economic development, it was by means of the us aid that the small island could afford the large military establishment without damaging its domestic economy. Third, with the us assistance, the kmt had its bureaucratic agencies to guide all aspects of the island’s economy. In consideration of large military expenditure and the economic chaos at that time, there would be no so-called “state-led development” in Taiwan without initial financial injection from the us.
All Time | Past Year | Past 30 Days | |
---|---|---|---|
Abstract Views | 5420 | 2180 | 167 |
Full Text Views | 389 | 66 | 9 |
PDF Views & Downloads | 393 | 177 | 20 |