In "Flexibility, Foresight and Fortuna in Taiwan's Development," Steve Chan and Cal Clark place Taiwan's developmental experience in the context of contemporary theories from several social science disciplines, and try to explain the seemingly exceptional performances of this island nation on a number of policy dimensions such as economic growth, political stability, social equality, welfare provision, and military security. In search of explanations for the "Taiwanese exception," the authors resort to both qualitative historical analysis and quantitative econometric modelling. The book will be of substantial interest to all scholars in the field of political economy.
"Chan and Clark have produced a masterful work comparing and contrasting various theories of development with the historical and statistical dimensions of Taiwan's development."
"The book by Steve Chan and Cal Clark is a welcome new addition to the study of this emerging economy."
-"China Review International
"In this important new book, Steve Chan and Cal Clark analyse the development of Taiwan, one of the four little tigers' in Asia, in terms of four paradigms of political economy, developmentalism, dependecia and the trade-off perspective and statism. . . . This book is well researched and written and should be read by scholars as well as politicians of both developing and developed countries."