chapter  7
16 Pages

Democracy-driven transformation to regulatory state: The case of Taiwan

ByJIUNN-RONG YEH

In the 1960s and 1970s, the developed world, led by the United States, sought to modernize the developing world by promoting industrialization and rule of law. Many Asian states, including Taiwan, received extensive U.S. aid and modernized many of their institutions. These developmental states were phenomenally successful, and produced the Asian economic miracle.