Busines Law essays

Busines Law essays If one asks the question "what are the reasons for Taiwan's economic success," a person will most likely receive the answer that it is the Chinese people itself. Being born in America of a Chinese ethnic background, I have been able to summarize the Chinese Identity. This identity is one that puts the family and work first, which in turn, calls for twice the amount of work due to the family. There is modesty in the mind of one, but in the spirit lies a sense of pride. This identity, I believe, is one of the main underlying reasons of Taiwan's success. Above this hearth, lies the factors that have helped Taiwan to become one of the fastest growing and economically developed countries in the world. Many things go in to play when discussing this transformation of Taiwan, but of most important are its structural, industrial, import and export, and agricultural changes. To fully appreciate the progress of the economic development of Taiwan, one must first understand its conditions at the end of the nineteenth century. In the early 1600's, Taiwan was a place inhabited only of small bands of Chinese and Japanese pirates. To try to gain hold of China's market, the Dutch stepped in and occupied Taiwan from 1624 to 1662. Managed by the Dutch East India Company, this island became a meeting ground for Dutch, Chinese and Japanese merchants. Because the Dutch valued Taiwan only for its strategic position, little progress was made to develop the island's resources. In 1624, when the Dutch had arrived, they had reported a Chinese population of 25,000. Nearly forty years of Dutch rule came to an end in 1662 when the Dutch were driven out of Taiwan by Cheng Ch'eng-kung of the Ming dynasty and his army of 25,000 men (Ho, 9). In 1887, in response from a French threat to Taiwan, they changed the idea of their island from a prefecture to a province. Liu Ming-ch-uan was appointed governor. During his session ge encoura ...