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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29298 |
来源ID | Working Paper 29298 |
How Economic Ideas Led to Taiwan\u2019s Shift to Export Promotion in the 1950s | |
Douglas A. Irwin | |
发表日期 | 2021-09-27 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Taiwan was perhaps the first developing country to adopt an export-oriented trade strategy after World War II. The factors usually associated with big shifts in policy—a macroeconomic crisis, a change in political power or institutions, lobbying by export interests, pressure from international financial institutions—were not present; it was ideas that were key. In 1954, economist S. C. Tsiang proposed that Taiwan boost export earnings rather than squeeze import spending to deal with its chronic shortage of foreign exchange. He recommended a currency devaluation to establish a realistic exchange rate and a market-based system of foreign exchange allocation to end the inefficient rationing by the government. Four years later, a leading policymaker, K. Y. Yin, fought for the adoption of Tsiang’s proposal, helping clear the way for Taiwan’s phenomenal growth in trade. |
主题 | International Economics ; Trade ; International Finance ; History ; Other History |
URL | https://www.nber.org/papers/w29298 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586972 |
推荐引用方式 GB/T 7714 | Douglas A. Irwin. How Economic Ideas Led to Taiwan\u2019s Shift to Export Promotion in the 1950s. 2021. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29298.pdf(271KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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