IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/rp2006-76.html
   My bibliography  Save this paper

Rethinking Import-substituting Industrialization: Development Strategies and Institutions in Taiwan and China

Author

Listed:
  • Tianbiao Zhu

Abstract

Conventional explanations of Taiwan and China's economic success point to the shift from an import-substituting industrialization (ISI) strategy to an export-oriented industrialization (EOI) strategy. This paper argues that the development strategies in Taiwan and China have always been a combination of ISI and EOI strategies during their entire miracle-creating period; far from the shift from ISI to EOI strategies, export promotion was used in both cases to sustain ISI, which has always been the central focus of development.

Suggested Citation

  • Tianbiao Zhu, 2006. "Rethinking Import-substituting Industrialization: Development Strategies and Institutions in Taiwan and China," WIDER Working Paper Series RP2006-76, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2006-76
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/rp2006-76.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Linden, Greg, 2004. "China Standard Time: A Study in Strategic Industrial Policy," Business and Politics, Cambridge University Press, vol. 6(3), pages 1-26, December.
    2. Smyth, Russell, 2000. "Should China be Promoting Large-Scale Enterprises and Enterprise Groups?," World Development, Elsevier, vol. 28(4), pages 721-737, April.
    3. Peter Evans, 1998. "Transferable lessons? Re-examining the institutional prerequisites of East Asian economic policies," Journal of Development Studies, Taylor & Francis Journals, vol. 34(6), pages 66-86.
    4. Linden Greg, 2004. "China Standard Time: A Study in Strategic Industrial Policy," Business and Politics, De Gruyter, vol. 6(3), pages 1-28, December.
    5. Tun-Jen Cheng & Stephan Haggard & David Kang, 1998. "Institutions and growth in Korea and Taiwan: The bureaucracy," Journal of Development Studies, Taylor & Francis Journals, vol. 34(6), pages 87-111.
    6. Warwick J. McKibbin & K. K. Tang, 2000. "Trade and Financial Reform in China: Impacts on the World Economy," The World Economy, Wiley Blackwell, vol. 23(8), pages 979-1003, August.
    7. Dutta, M., 2005. "China's industrial revolution: challenges for a macroeconomic agenda," Journal of Asian Economics, Elsevier, vol. 15(6), pages 1169-1202, January.
    8. Steinfeld, Edward S., 2004. "China's Shallow Integration: Networked Production and the New Challenges for Late Industrialization," World Development, Elsevier, vol. 32(11), pages 1971-1987, November.
    9. Wright, John, 2004. "Campaign Contributions and Congressional Voting on Tobacco Policy, 1980–2000," Business and Politics, Cambridge University Press, vol. 6(3), pages 1-26, December.
    10. Peter Nolan & Huaichuan Rui, 2004. "Industrial Policy and Global Big Business Revolution: the Case of the Chinese Coal Industry1," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 2(2), pages 97-113.
    11. Huang, Yasheng, 2003. "One country, two systems: Foreign-invested enterprises and domestic firms in China," China Economic Review, Elsevier, vol. 14(4), pages 404-416.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arun Natarajan Hariharan & Arindam Biswas, 2021. "A temporal review of global recognition of India's knowledge‐based industry through an institutional viewpoint," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(3), pages 759-776, June.
    2. Yury Simachev & Mikhail Kuzyk & Nikolay Zudin, 2016. "Import Dependence and Import Substitution in Russian Manufacturing: A Business Viewpoint," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 10(4), pages 25-45.
    3. M. S. Gusev, 2016. "Import substitution as a strategy of economic development," Studies on Russian Economic Development, Springer, vol. 27(2), pages 138-147, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kim, Dong-hyu & Lee, Heejin & Kwak, Jooyoung & Seo, DongBack, 2014. "China׳s information security standardization: Analysis from the perspective of technical barriers to trade principles," Telecommunications Policy, Elsevier, vol. 38(7), pages 592-600.
    2. repec:wsr:fiwspe:y:2011:i:001 is not listed on IDEAS
    3. Gao, Xudong, 2014. "A latecomer's strategy to promote a technology standard: The case of Datang and TD-SCDMA," Research Policy, Elsevier, vol. 43(3), pages 597-607.
    4. Quirine van Voorst tot Voorst & Ruud Smits & John van den Elst, 2008. "Standardisation Processes in China and the European Union explained by Regional Innovation Systems," Innovation Studies Utrecht (ISU) working paper series 08-05, Utrecht University, Department of Innovation Studies, revised Feb 2008.
    5. Chen, Ling & Naughton, Barry, 2016. "An institutionalized policy-making mechanism: China’s return to techno-industrial policy," Research Policy, Elsevier, vol. 45(10), pages 2138-2152.
    6. Carson, Matthew., 2010. "Guiding structural change : the role of government in development," ILO Working Papers 994550973402676, International Labour Organization.
    7. Abdelkader Sid Ahmed, 2000. "Le paradigme rentier en question : l'expérience des pays arabes producteurs de brut. Analyse et éléments de stratégie," Revue Tiers Monde, Programme National Persée, vol. 41(163), pages 501-521.
    8. repec:ilo:ilowps:455097 is not listed on IDEAS
    9. Wang, Yufei & Liao, Zhongju, 2023. "Functional industrial policy mechanism under natural resource conflict: A case study on the Chinese new energy vehicle industry," Resources Policy, Elsevier, vol. 81(C).
    10. Karo , Erkki & Kattel , Rainer, 2015. "Innovation Bureaucracy: Does the organization of government matter when promoting innovation?," Papers in Innovation Studies 2015/38, Lund University, CIRCLE - Centre for Innovation Research.
    11. Sanjaya Lall, 2013. "Reinventing Industrial Strategy: The Role Of Government Policy In Building Industrial Competitiveness," Annals of Economics and Finance, Society for AEF, vol. 14(2), pages 785-829, November.
    12. Michael Murphree & Dan Breznitz, 2018. "Indigenous digital technology standards for development: The case of China," Journal of International Business Policy, Palgrave Macmillan, vol. 1(3), pages 234-252, December.
    13. Gupta, Avnesh Kumar, 2014. "Industrial Policy for Inclusive Growth: An Analysis of Experiences of India and China," MPRA Paper 80035, University Library of Munich, Germany, revised 01 Mar 2014.
    14. Matthew A. Shapiro, 2012. "Receiving information at Korean and Taiwanese universities, industry, and GRIs," Scientometrics, Springer;Akadémiai Kiadó, vol. 90(1), pages 289-309, January.
    15. Dawood MAMOON, 2017. "Can micro credit schemes be introduced by formal banking sector?," Journal of Economics Library, KSP Journals, vol. 4(3), pages 359-371, September.
    16. Slavo Radosevic & Katerina Ciampi Stancova, 2018. "Internationalising Smart Specialisation: Assessment and Issues in the Case of EU New Member States," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(1), pages 263-293, March.
    17. Philipp Barteska & Jay Euijung Lee, 2024. "Bureaucrats and the Korean export miracle," Discussion Papers 2024-11, Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP).
    18. Xiuping Hua & Anders C. Johansson & Xun Wang, 2017. "National and regional financial openness in China," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 15(2), pages 127-140, April.
    19. Stefan Apostol, 2023. "Digitalization and Platformization in Romania Based on the Digital Platform Economy Index 2020," Central European Business Review, Prague University of Economics and Business, vol. 2023(4), pages 77-103.
    20. Sargent, John & Matthews, Linda, 2009. "China versus Mexico in the Global EPZ Industry: Maquiladoras, FDI Quality, and Plant Mortality," World Development, Elsevier, vol. 37(6), pages 1069-1082, June.
    21. Huang, Yasheng, 2005. "Are Foreign Firms Privileged By Their Host Governments? Evidence From The 2000 World Business Environment Survey," Working papers 4538-04, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    22. Ausloos, Marcel & Eskandary, Ali & Kaur, Parmjit & Dhesi, Gurjeet, 2019. "Evidence for Gross Domestic Product growth time delay dependence over Foreign Direct Investment. A time-lag dependent correlation study," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 527(C).

    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:unu:wpaper:rp2006-76. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.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.