IDEAS home Printed from https://ideas.repec.org/a/hde/epregl/v71y2020i2p173-199.html
   My bibliography  Save this article

How A Tiger Became A Pussycat: A Comparison Of Economic Development Of Taiwan And Mainland China

Author

Listed:
  • Miljenko Antić

    (University of Zagreb, Faculty of Civil Engineering)

Abstract

Based on capitalism and socialist measures, Taiwan not only achieved better results than Mainland China during the 1949-91 period, but also better results than any other country in the world in promoting economic growth. A lack of market was the main disadvantage of Mainland China during this period of time. However, its successful pro-market reforms and unsuccessful reforms in Taiwan (based on privatization), reversed the tide. During the last quarter of the century, Mainland China has more efficient economic system than Taiwan. As a result, Mainland China became the world’s leading economic power in 2014 and it continues to have higher rates of growth than Taiwan.

Suggested Citation

  • Miljenko Antić, 2020. "How A Tiger Became A Pussycat: A Comparison Of Economic Development Of Taiwan And Mainland China," Ekonomski pregled, Hrvatsko društvo ekonomista (Croatian Society of Economists), vol. 71(2), pages 173-199.
    • Handle: RePEc:hde:epregl:v:71:y:2020:i:2:p:173-199
    DOI: 10.32910/ep.71.2.4
    as

    Download full text from publisher

    File URL: https://doi.org/10.32910/ep.71.2.4
    Download Restriction: no
    File URL: https://libkey.io/10.32910/ep.71.2.4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Taiwan; China; development; economic growth; privatization;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hde:epregl:v:71:y:2020:i:2:p:173-199. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Josip Tica (email available below). General contact details of provider: https://edirc.repec.org/data/hdeeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.