1. Posing the problem -- 2. Taiwan's political economies in historical perspective, 1683-1945 -- 2. Taiwan's new command economy and the tipping point, 1945-52 -- 4. The first debate, 1952-54 : command economy or market economy? -- 5. The second debate, 1954-58 : how to restructure the trade...

This book tells the story of Taiwan's economic revolution-how Taiwan transformed itself from a planned economy into a market economy between 1949 and 1965. The authors posit that it was the Kuomintang Government's endorsement of property rights reform and institutional change that enabled Taiwan...