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This chapter considers the development of four important Taiwanese industrial clusters: bicycles, machine tools, integrated circuits (ICs), and information and communication technologies (ICT) hardware. Three of these clusters grew out of the networked production of Taiwan's rural...
Persistent link: https://www.econbiz.de/10012840353
This chapter argues that the some of institutional arrangements that have propelled China out of poverty are now major obstacles to future technological and economic development. The two principal such obstacles are China's system of extreme financial repression supporting its large state-owned...
Persistent link: https://www.econbiz.de/10012935375
Under globalization, China's economy has developed rapidly, but China has neither the well functioning markets prescribed by the neoliberal economists (Huang 2003; Steinfeld 1998; Lardy 1998; OECD 2002) nor the effective state policymaking apparatus and state-societal developmental alliances prescribed by...
Persistent link: https://www.econbiz.de/10014205282