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Synopsis
In Flexibility, Foresight and Fortuna in Taiwan's Development, Steve Chan and Cal Clark place Taiwan's developmental experience in the context of contemporary theories from several social science disciplines, and try to explain the seemingly exceptional performances of this island nation on a number of policy dimensions such as economic growth, political stability, social equality, welfare provision, and military security. In search of explanations for the "Taiwanese exception," the authors resort to both qualitative historical analysis and quantitative econometric modelling. The book will be of substantial interest to all scholars in the field of political economy.