International Economics Commons^™

Economicdevelopment In The Postcolonial And Postwar Era In East Asia: A Comparison Of Taiwan And South Korea, Eliot R. Johnston

Senior Theses

This thesis examines the postwar political economy of South Korea and Taiwan, aiming to find how Taiwan achieved higher GDP per capita and lower corruption perception than South Korea when both countries carried out similar policies as they developed their economies. By comparing a historical overview of policy and outcome and taking economic measures, the thesis seeks to find a method that could be applied to other developing countries. Though the measurements used were insufficient to prove analysis, enough was found to give plausible suggestions for the difference in the outcome, such as the South Korean reliance on mega conglomerates …