« Taiwan Journal of Political Science No.37Publish: 2008/09

Transformation or Adaptation?-The Changing Developmental State in Taiwan

Author: Wen-Pin Lin

Abstract / Chinese PDF Download

After the East Asian financial crisis, the Developmental State Theory is underfierce criticisms. But the most important challenge facing the DevelopmentalState Theory is that the developmental states are taking some neo-liberalist reformsand seem more like the Anglo-American regulatory states. The DevelopmentalState theorists deny the developmental states will be transformed into regulatorystates. While the developmental states are in transitions, the Developmental StateTheory also has to be revisited. This article analyzes the transitions of thedevelopmental state in Taiwan, focusing on the comparison of the two ideal types,the developmental state and regulatory state. The author argues that a hybridism iswitnessed in Taiwan, and the transition process is still going on. We cannotdeclaim that the end of transition is regulatory states according to our evidences atpresent. However, the two schools have yet to closely watch the transitions of theTaiwanese political economy in order to confirm, revise themselves or criticize eachother.

Keywords:Business、Developmental State、Finance、Globalization、Regulatory State、Taiwan