Type of Credit: Elective
Credit(s)
Number of Students
The goal of this course is to examine the various fundamental issues of economic development in Taiwan so that students will gain enough knowledge to understand the common characteristics as well as uniqueness of Taiwan’s developmental experiences. The course will focus on the study of industrialization process and structure change, government policy, income distribution, human capital accumulation, international trade, FDI and technology upgrading, and financial reform.
能力項目說明
The course is designed to answer the following intriguing questions in Development Economics from Taiwan’s developmental experience and expect students to gain knowledge from these various issues.
1.What’s the relation between agriculture revolution and industrialization?
2.In what way, does opening of trade help the economy?
3.What’s the role of government policy and what do we mean by good policy?
4.What are factors that may contribute to the growth with equity during the early development stage? Balanced or imbalanced growth?
5.Are foreign aids good or bad for a country’s economic development?
6.What are sources that lead to the long-run growth of the economy? Investment in machine or investment in people?
7.How can an economy continuously produce new spectrum of goods over time? How to successfully climb the technology ladder?
8.What are factors that cause inward or outward foreign direct investment? How does FDI affect the economy?
9.Does outward FDI cause deindustrialization or hollowing-out of the domestic industry?
10.What are the causes of economic slowdown and high unemployment rate in Taiwan after 2000?
11.Will Taiwan be marginalized as a result of recent regional cooperation such as RCEP and TPP?
12.Why ECFA? What are the implications of ECFA on Asian economic integration?
13.Why CPTPP or RCEP? Which is more important from Taiwan’s perspective?
14. Why does Taiwan adopt New Southbound Policy and what’s its implication concerning China’s One Belt and One Road Initiatives?
週次 |
課程主題 |
課程內容與指定閱讀 |
教學活動與作業 |
學習投入時數 |
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課堂講授 |
課程 前後 |
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1 |
Historical Development of Taiwan (1600-1949) |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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2 |
Economic development under colonialism |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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3 |
Economic development under colonialism |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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4 |
Postwar Economic Growth: Industrialization and Structure Change |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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5 |
Postwar industrialization: record and policy |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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6 |
Outward-oriented development policy |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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7 |
Technology adoption and upgrading: The emerging industries |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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8 |
Growth with equality |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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9 |
The Role of government in the various development stages |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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10 |
Sources of Economic Development Growth accounting and empirics |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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11 |
Openness and growth
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see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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12 |
Small and median enterprises (SMEs) |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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13 |
Human capital accumulation and labor mobility |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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14 |
Future perspectives of Taiwan’s economy |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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15 |
Post-industrialization and further structure change FDI and industry hollowing-out |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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16 |
Roadmap for cross-strait joint participation in regional integration |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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17 |
RCEP vs. CPTPP or FTAAP New Southbound Policy and its implications |
see suggested text book's and corresponding leadings |
lectures, class presentation & discussion |
3.0 |
4.5 |
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18 |
Thesis writing |
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Final term paper |
3.0 |
10.5 |
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54 |
87 |
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No prerequisite is required for the course. Semester grade is determined by a short article presentation (25%), mid-term oral project proposal (25%), and a term paper (50%). The topic of the paper should be related to the contents of our class syllabus. Regular class attendance is expected and will be taken into account in the final grading. Extra bonus will be given for creative performance in-class discussion. The deadline for the term paper is two weeks after the last class and all the term papers should be submitted by e-mail (ycchuang03@gmail.com) with student number as the file name. Submission of term paper after the deadline will be subject to heavy penalty.
Suggested Textbooks:
1. Institute of Economics, Academia Sinica, 1988, Conference on Economic Development Experiences of Taiwan and Its New Role in an Emerging Asia-Pacific Area, Taipei, Taiwan, R.O.C.
2. Ho, Samuel P. S., 1978, Economic Development of Taiwan 1860-1970, Yale University Press, New Haven. ※
3. Lau, Lawrence J., ed., 1990, Models of Development: A Comparative Study of Economic Growth in South Korea And Taiwan, ICS Press, San Francisco. ※
4. Clark, Cal , 1994, Taiwan’s Development: Implications for Contending Political Economy Paradigms, Greenwood press, New York.
5. Pang, Chien-Kuo, 1992, The State and Economic Transformation: The Taiwan Case, 1992, Garland Publishing, Inc., New York.
6. Ranis, Gustav, ed., 1992, Taiwan: From Developing to Mature Economy, Westview Press, Inc., Boulder, Colorado. ※
7. Chung-Hua Institution for Economic Research, 1992, Conference on Economic Restructuring and Growth, Conference Series, No. 22, Taipei, Taiwan, R.O.C.
8. Winckler, Edwin A. and Susan Greenhalgh, eds., 1988, Contending Approaches to the Political Economy of Taiwan, M. E. Sharpe, Inc., Armonk, New York.
9. Robert Wade, 1990, Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization, Princeton, NJ: Princeton University Press, ※
10. Chou, T.C., 1995, Industrial Organization in a Dichotomous Economy, Avebury, Aldershot, England.
11. Meier, Gerald M, and James E. Rauch, 2000, Leading Issues in Economic Development, 7th ed., New York: Oxford University Press. ※
12. Ash, Robert and Megan Greene, 2007, Taiwan in the 21st century, N.Y.: Routledge, New York.
Suggested Readings:
A. Historical Development of Taiwan (1624-1949)
B. Postwar Economic Growth: Industrialization and Structure Change
Agricultural development
The process of Industrialization
International trade
Riedel, James, “International Trade in Taiwan’s Transition from Developing to Mature Economy,” in Ranis, 253-304. ※
The Role of State
Chen, Been-Lon, 1997, “Picking Winners and Industrialization in Taiwan」, Journal of International Trade and Economic Development, 5(2), 137-159. ※
Financial Development
SMEs
Hu, M. W. and Chi Schive, 1996, “The Market Shares of Small and Medium Scale Enterprises in Taiwan Manufacturing,” Asian Economic Journal, 10, 117-131.
Income distribution
C. Sources of Economic Development: Human Capital, International Trade and Technological Transfer
Saving and Investment
International trade and technology transfer
Foreign contract and technology transfer, in Meier, IV.B., pp. 204-212.
Human Resources
D. Future perspectives of Taiwan’s economy
See E-learning Website