Document Type

Thesis

Date of Award

8-31-1990

Degree Name

Master of Science in Management - (M.S.)

Department

Organizational and Social Sciences

First Advisor

Roy B. Helfgott

Abstract

Development, by definition, brings new resources into a society that allow for a higher standard of living. Many developing nations which changed from a traditional survival type society to a self-supporting society experienced a high rate of economic growth after the World War II. No matter what route these countries or regions took to success, in the process of development they all faced similar international trade and balance of payments problems.

This paper presents a case study of Taiwan as a developing country's model. Taiwan certainly qualifies as a successful example of development. Although there is really no complete normative theory of development, general agreement probably exists that development entails sustained growth and industrialization in the economic realm; an improved standard of living, decreased income inequality, and the emergence of a middle class society; and democratization and effective policymaking in the polity

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