Period of rapid economic growth in Taiwan, as one of the Four Asian Tigers
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Taiwan Miracle
Traditional Chinese
臺灣奇蹟
Transcriptions
Standard Mandarin
Hanyu Pinyin
Táiwān Qíjī
Wade–Giles
T′ai²-wan¹ Ch′i²-chi¹
Hakka
Pha̍k-fa-sṳ
Thòi-vàn Khì-chiak
Southern Min
Hokkien POJ
Tâi-oân Kî-chek
Tâi-lô
Tâi-uân Kî-Tsik
Taiwan Economic Miracle
Traditional Chinese
臺灣經濟奇蹟
Transcriptions
Standard Mandarin
Hanyu Pinyin
Táiwān Jīngjì Qíjī
Wade–Giles
T′ai²-wan¹ Ching¹-chi⁴ Ch′i²-chi¹
Hakka
Pha̍k-fa-sṳ
Thòi-vàn Kîn-chi Khì-chiak
Southern Min
Hokkien POJ
Tâi-oân Keng-chè Kî-chek
Tâi-lô
Tâi-uân King-Tsè Kî-Tsik
The Taiwan Miracle (Chinese: 臺灣奇蹟; pinyin: Táiwān Qíjī; Pe̍h-ōe-jī: Tâi-oân Kî-chek) or Taiwan Economic Miracle refers to Taiwan's rapid economic development to a developed, high-income country during the latter half of the twentieth century. [1]
As it developed alongside South Korea, Singapore, and Hong Kong, Taiwan became known as one of the "Four Asian Tigers". Taiwan was the first developing country to adopt an export-oriented trade strategy after World War II.[2]
^The phrase was apparently first used in Gold, Thomas B. (1985). State and Society in the Taiwan Miracle. Armonk, N.Y.: Armonk, N.Y. : M.E. Sharpe. ISBN 9781317459408. Archived from the original on 2023-03-28. Retrieved 2023-03-19.
^Irwin, Douglas A. (2023). "Economic ideas and Taiwan's shift to export promotion in the 1950s". The World Economy. 46 (4): 969–990. doi:10.1111/twec.13395. ISSN 0378-5920. S2CID 256974921. Archived from the original on 2023-02-26. Retrieved 2023-02-26.
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