The Driving Force behind Miracle Growth: State Interventions of Taiwan

Abstract

During the post-war period in Eastern Asia, some developing countries had reached rapid growth of economy and fast industrialization and became developed economy, In order to find out how some Asian countries reached such significant result in economy era by utilizing state interventions, This research uses Taiwan as a selected case to explain the role of state in development stage, to emphasize the significance of state intervention , a comparative research shows there are some cases of state intervention might contribute less or rather harmful than helpful to developmental process.