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Title: Sources of industrial growth, trade and employment : the case of Taiwan
Author: Wolderufael, Yemane
ISNI:       0000 0004 2679 9500
Awarding Body: University of Strathclyde
Current Institution: University of Strathclyde
Date of Award: 1989
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The experience of many developing countries suggests that fast economic growth was not accompanied by the alleviation of abject poverty or by the creation of a proportional increase in gainful employment. Because of the wide disparity between the growth of output and the growth in employment some are questioning the wisdom of the past practice of treating growth per se as a central objective of economic policy. Instead of concentrating on growth alone, they are advocating that growth has to be sacrificed for a better distribution and a wider provision of gainful employment. Others see no apparent conflict between output growth on the one hand and distribution and employment on the other. To them, growth is a necessary condition for better distribution and employment. Instead of arresting development (growth) at its early stages for distributional purposes, they believe, by and large, that growth should proceed unabated and distributional issues should not be directly addressed at the possible expense of growth until and unless the national-cake is big enough to warrant, in their opinion, a high enough priority for equity considerations. In this view, to be excessively concerned now about distribution of income and deliberate creation of employment by direct governmental action is to redistribute poverty and not material well being.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral