In the 1950s, Taiwan was the first poor economy to experiment with trade reform. Doug Irwin (PIIE, Dartmouth College) explains how Taiwanese policymakers struggled with a decision that subsequently helped alter the course of history for many developing countries (31:28).

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• Douglas A. Irwin. 2021. How economic ideas led to Taiwan’s shift to export promotion in the 1950s. PIIE Working Paper 21-13, August.