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The Principal Feature of Taiwan’s Capitalist Development

In: Welfare Capitalism in Taiwan

Author

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  • Yeun-wen Ku

    (National Chi-Nan University)

Abstract

As with other developing countries, the causes of Taiwan’s capitalist development were not part of an indigenous process. But, unlike in most of the developing countries, capitalism was not brought to Taiwan by Western powers. Japan, the only Asian imperialist country and itself a late convert to capitalism, took control of Taiwan as its first colony in 1895. From then onwards, Taiwan was not only included in the Japanese political empire but also in the economic system of international labour division. They initiated programmes of capitalist development and transformed Taiwan in order to serve Japanese imperialism.

Suggested Citation

  • Yeun-wen Ku, 1997. "The Principal Feature of Taiwan’s Capitalist Development," Palgrave Macmillan Books, in: Welfare Capitalism in Taiwan, chapter 5, pages 77-120, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37787-5_6
    DOI: 10.1057/9780230377875_6
    as

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