Hsiao, Frank S.T; Hsiao, Mei-Chu W. - 2011
Japan, and 53 other countries in the world, covering the prewar and postwar periods (1901-92). Both countries, along with … Japan, experienced very rapid growth in both periods, especially Korea, whose growth rates ranked third or fourth in the … prewar period. After WWII, however, Korea fell steadily below Taiwan, and both fell continuously behind Japan until 1970 when …
