TAIWAN – HISTORICAL AND REGIONAL PERSPECTIVES. Growth rates in the first-échelon Asian NIEs and Japan Average rate of growth of GDP (% p.a.) 1965-801980-901990-98.

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Presentation transcript:

TAIWAN – HISTORICAL AND REGIONAL PERSPECTIVES

Growth rates in the first-échelon Asian NIEs and Japan Average rate of growth of GDP (% p.a.) Japan Taiwan South Korea Hong Kong Singapore

Annual rates of growth of gross domestic investment in Japan and first-échelon Asian NIEs Average growth of gross domestic investment (% p.a.) Middle Income countries (average) South Korea Taiwan OECD member countries (average) Japan6.95.7

Growth of foreign trade in Japan and the former Asian NIEs Average growth rate (% p.a.) ExportsImports Japan South Korea Taiwan Singapore Hong Kong

EXPORTS & IMPORTS AS PERCENTAGE OF GDP, a (5-YEAR AVERAGES CENTERED ON YEARS SHOWN) Taiwan South Hong Singapore Korea Kong _____________________________________________________ n.a n.a 1960b c ______________________________________________________ Notes a The ratios are estimated from data in current international prices. b For Singapore and Hong Kong, the data refer to 1960 only. c For Taiwan the data refer to 1990 only. For South Korea the data refer to averages for

Taiwan’s economic performance during the Colonial Period Index of NDP ( = 100) Index of agricultural output ( = 100) Industrial production Rail freight (mill. metric ton-km) Foreign trade Total output ( = 100) Sugar output (‘000 metric tons) Index of exports (1925 = 100) Index of imports (1925 = 100) 1906n.a.37n.a n.a ,

The performance of agriculture during the period of Japanese colonisation RATE OF GROWTH OF AGRICULTURAL OUTPUT (%) Crop production: Livestock production Total agricultural production Total outputSown areaUnit yield Pre-war

Taiwan’s trade composition – the disproportionate importance of agriculture Total value of exports (m. yen) 25.4 (100) 94.2 (370.9) (883.1) (1,270.5) (As share of total exports) Food and live animals -of which rice -of which sugar Non-agriculture

Production and export of rice and sugar RiceSugar Total output (‘000 m.t.) Share of output exported (%) Share of exports to Japan (%) Total output (‘000 m.t.) Share of output exported (%) Share of exports to Japan (%)

Surplus of rice and sugar for domestic consumption after deducting exports Surplus of rice for domestic use after deduction of exports (‘000 metric tons) Surplus of rice for domestic use after deduction of exports (‘000 metric tons)