%0 Journal Article
%T HOW A TIGER BECAME A PUSSYCAT: A COMPARISON OF ECONOMIC DEVELOPMENT OF TAIWAN AND MAINLAND CHINA
%A Anti£¿
%A Miljenko
%J -
%D 2020
%R 10.32910/ep.71.2.4
%X Sa£¿etak Based on capitalism and socialist measures, Taiwan not only achieved better results than Mainland China during the 1949-91 period, but also better results than any other country in the world in promoting economic growth. A lack of market was the main disadvantage of Mainland China during this period of time. However, its successful pro-market reforms and unsuccessful reforms in Taiwan (based on privatization), reversed the tide. During the last quarter of the century, Mainland China has more efficient economic system than Taiwan. As a result, Mainland China became the world¡¯s leading economic power in 2014 and it continues to have higher rates of growth than Taiwan
%K Taiwan
%K China
%K development
%K economic growth
%K privatization
%U https://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=344730