Agricultural and industrial development in Taiwan

Over the past four decades Taiwan's economy has experienced significant structural change. At the outset of this period, Taiwan was just recovering from the ravages of World War II, and the economy was heavily dominated by the agricultural sector, which accounted for one-third of the net domestic pr...

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Detalles Bibliográficos
Autores principales: Yu-Kang, Mao, Schive, Chi
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1995
Materias:
Acceso en línea:https://hdl.handle.net/10568/157285
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author Yu-Kang, Mao
Schive, Chi
author_browse Schive, Chi
Yu-Kang, Mao
author_facet Yu-Kang, Mao
Schive, Chi
author_sort Yu-Kang, Mao
collection Repository of Agricultural Research Outputs (CGSpace)
description Over the past four decades Taiwan's economy has experienced significant structural change. At the outset of this period, Taiwan was just recovering from the ravages of World War II, and the economy was heavily dominated by the agricultural sector, which accounted for one-third of the net domestic product, more than half (56 percent) of total employment, and 92 percent of total exports. By 1988 agriculture's share of the net domestic product (NDP) had dropped to 6 percent, its share of total employment was down to 13.7 percent, and the sector accounted for only 6.1 percent of the total exports, including processed foods. These were years of high and stable economic growth: the real gross national product (GNP) grew at an average rate of 8.8 percent from 1952 to 1989, and two oil crises of the 1970s seemed to have little negative impact.' Between 1952 and 1987, per capita GNP, at 1981 constant prices, increased more than seven times, for an annual increase of 6.2 percent. In view of this growth, Taiwan is likely to be classified as an industrial economy by the turn of the century (Klein 1986).
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spelling CGSpace1572852025-01-10T06:43:02Z Agricultural and industrial development in Taiwan Yu-Kang, Mao Schive, Chi agriculture developing countries productivity income innovation agricultural development economic development industrialization agricultural policies poverty Over the past four decades Taiwan's economy has experienced significant structural change. At the outset of this period, Taiwan was just recovering from the ravages of World War II, and the economy was heavily dominated by the agricultural sector, which accounted for one-third of the net domestic product, more than half (56 percent) of total employment, and 92 percent of total exports. By 1988 agriculture's share of the net domestic product (NDP) had dropped to 6 percent, its share of total employment was down to 13.7 percent, and the sector accounted for only 6.1 percent of the total exports, including processed foods. These were years of high and stable economic growth: the real gross national product (GNP) grew at an average rate of 8.8 percent from 1952 to 1989, and two oil crises of the 1970s seemed to have little negative impact.' Between 1952 and 1987, per capita GNP, at 1981 constant prices, increased more than seven times, for an annual increase of 6.2 percent. In view of this growth, Taiwan is likely to be classified as an industrial economy by the turn of the century (Klein 1986). 1995 2024-10-24T12:48:35Z 2024-10-24T12:48:35Z Book Chapter https://hdl.handle.net/10568/157285 en Open Access application/pdf International Food Policy Research Institute Yu-Kang, Mao; Schive, Chi. 1995. Agricultural and industrial development in Taiwan. Baltimore, MD: International Food Policy Research Institute. https://hdl.handle.net/10568/157285
spellingShingle agriculture
developing countries
productivity
income
innovation
agricultural development
economic development
industrialization
agricultural policies
poverty
Yu-Kang, Mao
Schive, Chi
Agricultural and industrial development in Taiwan
title Agricultural and industrial development in Taiwan
title_full Agricultural and industrial development in Taiwan
title_fullStr Agricultural and industrial development in Taiwan
title_full_unstemmed Agricultural and industrial development in Taiwan
title_short Agricultural and industrial development in Taiwan
title_sort agricultural and industrial development in taiwan
topic agriculture
developing countries
productivity
income
innovation
agricultural development
economic development
industrialization
agricultural policies
poverty
url https://hdl.handle.net/10568/157285
work_keys_str_mv AT yukangmao agriculturalandindustrialdevelopmentintaiwan
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