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How did Taiwan strategically leverage external resources, harness internal strengths, and capitalize on its sensitive geopolitical position to foster robust economic development?
- With an average GDP growth of 8% per year over 30 years (1960-1990).
- Per capita income rose from $150 per year to $33,000 per year (in 2023), on par with South Korea and Japan; eight times that of Vietnam, which stands at $4,300.
- High-quality education and healthcare systems comparable to developed nations.
In this video, which factors do you believe are most crucial: Japanese influence, U.S. assistance, the Flying Geese Strategy, a strong state emphasizing human capital, land privatization, or industrial policies geared towards high-tech exports? What motivators can we learn from for our own country and ourselves in the future?
Please comment below the video with your opinions.
00:00 - Martial Law and Authoritarianism
05:56 - Advantages from the U.S. and Japan
07:40 - Flying Geese Model
10:33 - Land Privatization
12:05 - Strong State Encouraging Human Capital
13:08 - Export-oriented Industrial Policies
14:48 - End of Military Dictatorship
16:20 - Conclusion
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SStock Investment Performance Stable Over 3 Years
Year 2024: Target Profitability is 25%
Past Performance
Year 2023: Actual Profitability was 19%
Year 2022: Actual Profitability was 22%
Year 2021: Actual Profitability was 30%
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