教學大綱 Syllabus

科目名稱:台灣的經濟發展

Course Name: Economic Development of Taiwan

修別:選

Type of Credit: Elective

3.0

學分數

Credit(s)

15

預收人數

Number of Students

課程資料Course Details

課程簡介Course Description

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.

核心能力分析圖 Core Competence Analysis Chart

能力項目說明


    課程目標與學習成效Course Objectives & Learning Outcomes

    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?

    每周課程進度與作業要求 Course Schedule & Requirements

    程主

    指定閱讀

    動與

    學習投入時數

     

     

     

     

    前後

     

    1

    Historical Development of Taiwan (1600-1949)

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    2

    Economic development under colonialism

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    3

    Economic development under colonialism

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    4

    Postwar Economic Growth: Industrialization and Structure Change

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    5

    Postwar industrialization: record and policy

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    6

    Outward-oriented development policy

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    7

    Technology adoption and upgrading: The emerging industries

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    8

    Growth with equality

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    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

     

    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

     

    11

    Openness and growth

     

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    12

    Small and median enterprises (SMEs)

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    13

    Human capital accumulation and labor mobility

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    14

    Future perspectives of Taiwan’s economy

    see suggested text book's and corresponding leadings

    lectures, class presentation & discussion

    3.0

    4.5

     

    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

     

    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

     

    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

     

    18

    Thesis writing

     

    Final term paper

    3.0

    10.5

     

     

     

     

     

    54

    87

     

    授課方式Teaching Approach

    40%

    講述 Lecture

    40%

    討論 Discussion

    0%

    小組活動 Group activity

    20%

    數位學習 E-learning

    0%

    其他: Others:

    評量工具與策略、評分標準成效Evaluation Criteria

    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.

    指定/參考書目Textbook & References

    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)

    1. The Traditional Economy and Economic Development under Colonialism, in Ho, Ch 2-3, 6.

     

    B. Postwar Economic Growth: Industrialization and Structure Change

    Agricultural development

    1. Agricultural Productivity, Comparative Advantage, and Economic Growth, in Meier, Section II.3, pp. 107-110.
    2. Income distribution, Market Size, and Industrialization, in Meier, Section II.4, pp.111-113.
    3. Postwar Growth and Structural Changes in Agriculture, in Ho, Ch 7-9.
    4. Economic Growth and Income Distribution in Taiwan, 1953-64, in Meier, Selection VIII.C.1, pp.409-416.

    The process of Industrialization

    1. The Turning Point of Taiwan’s Economic Development: 1958-1961, in Pang, Ch 6.
    2. The Process of Industrial Development and Alternative Development Strategies, in Meier, Selection IV.A.4, pp. 180-186..
    3. Postwar Industrialization: Record and Policy, in Ho, Ch 10.
    4. The Economic Development of the Republic of China on Taiwan, 1965-1981, in Lau, Ch2.
    5. The Economy of Taiwan, 1981-1988: A Time of Passages, in Lau, Ch 5.
    6. The Pattern and Strategy of Industrialization, in Chou (1995), Ch1.

    International trade

    1. The Process of Industrial Development and Alternative Development Strategies, in Meier, Selection IV.A.4, pp. 180-186.
    2. Exchange Control, Liberalization, and Economic Development, in Meier, Selection IV.A.5., pp.187-190.
    3. Trade Policy Reform, in Meier, Slection IV.A.6, pp. 191-192.

    Riedel, James, “International Trade in Taiwan’s Transition from Developing to Mature Economy,” in Ranis, 253-304.

    1. Chen, T. J. and Y. H. Ku, 2003, “The Effect of Overseas Investment on Domestic Employment,” NBER Working Paper, no.10156, National Bureau of Economic Research, Cambridge.
    2. Chen, Homin and Chen, Tain-Jy, 1998, “Network Linkages and Location Choice in Foreign Direct Investment,” Journal of International Business Studies, 29(3), 445-468.
    3. Chen, Tain-Jy and Meng-Chun Liu, 1998, Production Networks and Patterns of Trade: Evidence from Taiwan,” Pacific Economic Review, 3(1), 49-69.
    4. Feenstra, R.C., 1998, “Integration of Trade and Disintegration of Production in the Global Economy,” Journal of Economic Perspectives, 12(4), 31-49.

    The Role of State

    1. The Role of State in Less Developed Countries, in Meier, Selection IX.A.1, pp.426-430.
    2. Good Policy or Good Luck? Growth Performance and Temporary Shocks, in Meier, Selection III.6, pp.147-152.
    3. Governing the Market, in Wade (1990), Ch3-4.
    4. Getting Interventions Right: How South Korea and Taiwan Grew Rich, in Meier, Selection IV.A.7, pp. 195-207.
    5. Wade, Robert, “State Intervention in ‘Outward-looking’ Development: Neoclassical Theory and Taiwanese Practice”, in White (1988) ed., Developmental States in East Asia, pp. 30-67.
    6. Wang, Eric C., 1997, “Structural Change and Industrial Policy in Taiwan, 1966-91: An Extended Input-Output Analysis”, Asian Economic Journal, 11(2), 187-206.

    Chen, Been-Lon, 1997, “Picking Winners and Industrialization in Taiwan, Journal of International Trade and Economic Development, 5(2), 137-159.

    1. Ranis, Gustav, 1997, “The Comparative Development Experience of Mexico, the Philippines and Taiwan from a Political Economy Perspective”, Growth and Change, 28(4), 393-437.

    Financial Development

    1. Financial Development and Economic Growth: Views and Agenda, in Meier, Selection III.5, pp. 141-146.
    2. Besley, Timothy, Alec R. Levenson, 1996, “The Role of Informal Finance in Household Capital Accumulation: Evidence from Taiwan”, Economic Journal, 106(434), 39-59.
    3. Lee, Yung-san and Tzong-rong Tsai, “Development of Financial System and Monetary policies in Taiwan”, in Academia Sinica, 205-256
    4. Financial Dualism and Economic Development, in Chou (1995), Ch3.

    SMEs

    1. Jin-Tan Liu, Meng-Wen Tsou, James K. Hammitt, 1999, “Do Small Plants Grow Faster? Evidence from the Taiwan Electronics Industry”, Economics Letters, 65(1), 121-129.
    2. Hu, Ming-Wen and Chi Schive, 1996, “The Market Shares of Small and Medium Scale Enterprises in Taiwan Manufacturing,” Asian Economic Journal, 10(2), 117-131.
    3. The Experience of SMEs’ Development, in Chou (1995), Ch8.

    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

    1. Economic Growth and Income Distribution in Taiwan, 1953-64, in Meier, Selection VIII.C.1, 409-416.
    2. Kuo, Shirley W. Y., “The Achievement of Growth with Equality”, in Academia Sinica, 71-120.

     

    C. Sources of Economic Development: Human Capital, International Trade and Technological Transfer

     

    Saving and Investment

    1. Young, Alwyn, 1995, “The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience,” Quarterly Journal of Economics, 110, 641-680.

    International trade and technology transfer

    1. Typology in Development theory: Retrospective and Prospects, in Meier, Selective IV.A.2, pp.170-174.

    Foreign contract and technology transfer, in Meier, IV.B., pp. 204-212.

    1. Learning in International Production Networks, in Meier, Note IV.B.1, 204-205.
    2. Schive, Chi, “Foreign Investment and Technology Transfer in Taiwan”, in Academia Sinica, 345-381.
    3. Ma, T. C., 2009, "Development Strategy and Export-Led Growth: Lessons Learned from Taiwan's Experience." Journal of Development Studies,45(7), 1150-1164.
    4. Chuang, Yih-Chyi, 1996, “Identifying the Sources of Growth in Taiwan’s Manufacturing Industry,” Journal of Development Studies, 32(3), 445-463.
    5. Jin-Tan Liu, Meng-Wen Tsou, James K. Hammitt, 1999, “Export Activity and Productivity: Evidence from the Taiwan Electronics Industry,” Weltwirtschaftliches Archiv, 135(4), 675-691.
    6. Chuang, Yih-Chyi, 1999, “Returns to Scale, Productive Efficiency, and Optimal Firm Size Evidence from Taiwan's Firm Data,” Applied Economics, 31(11), 1353-1364.
    7. Chen, Tain-Jy, and Grace Wu, 1996, “Determinants of Investment of FDI in Taiwan,” Weltwirtschaftliches Archiv, 132(1), 172-184.
    8. Zhang, K. H. L., 2005, "Why does so much FDI from Hong Kong and Taiwan go to Mainland China?" China Economic Review, 16(3), 293-307.
    9. Chuang, Yih-chyi and Chi-mei Lin, 1999, “Foreign Direct Investment, R&D, and Spillover Efficiency: Evidence from Taiwan’s Manufacturing Firms,” Journal of Development Studies, 35(4), 117-137.
    10. Chen, Tain-Jy, 2005, “The Emergence of Hsinchu Science Park as an IT Cluster,” paper presented at International Conference on the ICT Clusters in East Asia, Kitakyushu, Japan, December 12-14, 2005.

    Human Resources

    1. Chuang, Yih-chyi, 1999, “The Role of Human Capital in Taiwan’s Economic Development”, Asian Economic Journal 13(2), 117-144.
    2. Liu, Paul K. C., “Science, Technology and Human Capital Formation,” in Ranis, 357-393.
    3. Chuang, Yih-chyi, 2000, “Human Capital, Exports, and Economic Growth: A Causality Analysis for Taiwan, 1952-1995,” Review of International Economics, 8, 712-720
    4. Chuang, Yih-chyi and Wei-wen Lai, “How Do Personal and Family Factors Affect an Individual’s Educational Achievement? The Case of Taiwan,” Working Paper, Department of Economics, National Chengchi University, 2007.
    5. Zhang, J., 2018, “The Impact of 9-year Compulsory Education: Quasi-experimental evidence from Taiwan,” Applied Economics, 50(45), 4866-4878.
    6. Nakahara, Y., 2017, “Skilled Migration to and from Taiwan,” In Y. Nakahara, Chapter 4 - International Labor Mobility to and from Taiwan (pp. 39-67),   Springer Briefs in Economics.

     

    D. Future perspectives of Taiwan’s economy

    1. Chuang, Yih-chyi and Chu-Chia Lin, 2007, “Evolution of Industrial Structure and Policy for Future Development,” Taiwan Development Perspectives 2007, National Policy Foundation, Taipei, Taiwan, pp.49-67.
    2. Wang, Zhi, 2003, “WTO Accession, the Greater China Free-trade Area, and Economics Integration across the Taiwan Strait”, China Economic Review, 14, 316-349.
    3. Chen, Tain-Jy, 2003, “Will Taiwan be Marginalized by China?” Asian Economic Paper, 2, 78-97.
    4. Chang, S. C., 2007, "The interactions among foreign direct investment, economic growth, degree of openness and unemployment in Taiwan." Applied Economics, 39(13-15), 1647-1661.
    5. Zhang, Wei-wei, “East Asian Regionalism: Implications for Cross-strait Relationship,” http://www.eias.org/conferences/chinatw1710/chinatwzhang.pdf.
    6. Rowthorn, R.E. and Coutts K. 2004, “De-industrialization and the Balance of Payments in Advanced Economies,” Discussion papers no. 170, United Nations Conference on Trade and Development.
    7. Berger, S., Lester, K., 2005, “Global Taiwan: Building Competitive Strengths In A New International Economy.” New York: M. E.Sharpe.
    8. Hsiao, S.T. Frank, 2016, “How Bad Is Taiwan's Economy?” The Deplomat, July 22, 2016. http://thediplomat.com/2016/07/how-bad-is-taiwans-economy/
    9. San, Gee, 2013, “Taiwan’s Development Strategy for the Next Phase,” Paper presented at The Trans-Pacific Partnership and Taiwan's Future Development Strategy, October, 11-12, 2013. https://fsi.stanford.edu/sites/default/files/evnts/media/(_2013_1023)_Taiwan_for_the_Next_Phase_(San,_Gee)(Final).pdf
    10. Meltzer Joshua, 2014, “Taiwan’s Economic Opportunities and Challenges and The Importance of the Trans-Pacific Partnership,” East Asian Policy Paper 2, Center for East Asia Policy Studies, Brookings Institution. https://www.brookings.edu/wp-content/uploads/2016/06/taiwan-trans-pacific-partnership-meltzer-012014.pdf
    11. Yang, A. H., 2017, “Strategic Appraisal of Taiwan’s New People-Centered Southbound Policy: The 4Rs Approach,” Prospect Journal, N0.18, 1-34.
    12. Chen, M. and S. Chattaraj, 2017, “New Southbound Policy in India and South Asia,” Prospect Journal, N0.18, 35-62. http://gioip.nchu.edu.tw/files/writing/3683_7962a418.pdf
    13. Chang, Chien-yi, 2019, “The U.S.-China Trade War and Its Implications for Taiwan’s Economic Structure,” Taiwan Strategists No. 4, 21-37.
    14. Liu, Shih-chung, 2019, “The U.S.-China Trade Confrontation and Taiwan’s New Southbound Policy: An Economic Security Perspective,” Taiwan Strategists No. 4, 1-20.
    15. Min-Hua Chiang, 2020, “The Impact of COVID-19 on Taiwan’s Economy and Future Prospects,” Taiwan Insight, 2020.
    16. Min-Hua Chiang, 2020, “The Biden Administration and Taiwan’s Post-Covid Economic Prospect,” Taiwan Insight, 17 February, 2021.
    17. Kuo, Yu-Ching and Klingler-Vidra Robyn, “Post-COVID-19 Taiwan in the Global Semiconductor Industry: The Context of the New U.S. Administration,” Taiwan Insight, 16 February, 2021.
    18. Wang, Jiann-Chyuan, 2020, “The Economic Impact Analysis of US -China Trade War,” Working Paper Series Vo l. 2020 -11, Chung-Hua Institution for Economic Research, Taiwan, May 2020.

     

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