This study tries to explain the island's remarkable economic and political success and shows that the traditional cultural values that provided the basic motivating force for the operation of the integrated system in the traditional agrarian society is still operative. (DÜI-Sbt)

Among the more than 100 less developed countries in the post-war world, the economic region surrounding mainland China, including Taiwan, South Korea, Hong Kong and Singapore, have been most successful in their transition growth process. The economists have identified the openness in orientation...

This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions...