ABSTRACT
Taiwan has been a notable member of the East Asian tigers by virtue of consistently high growth rates since the early 1950s’ transformation from an agrarian to a developed economy and features such as low inflation and high savings and relative equity in distribution of income. There has also been an expansion in education opportunities for the Taiwan population giving rise to high scores on international education tests and conspicuous success in international skills competitions. Yet, as we discussed in Chapter 2, the causal relationship between the development of skills and the development of the economy is a problematic one. The aim of this chapter is to examine how far the twin development of skills and the economy in Taiwan conforms to the model of developmental skill formation.
