Taiwan is a success story of rapid economic growth during the 20th century. Once a predominantly agricultural economy, Taiwan transformed into a thriving industrial and technology hub, becoming known as one of the Asian Tigers. The country’s impressive economic development was driven by a combination of factors, including its neoliberal economic policies. Growth Free-market, neoliberalContinue reading “Taiwan’s Transformation”
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Singapore’s success
Touted as the second freest economy in the world behind Hong Kong in 2014, Singapore enjoys an exceptionally high standard of living with one of the world’s strongest economies. A GDP (PPP) per capita of $95,000 in 2017 – over twice that of the UK, GDP growth has averaged 7% since 1970 – far exceedingContinue reading “Singapore’s success”
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