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Making Money: How Taiwanese Industrialists Embraced the Global Economy - Emerging Frontiers in the Global Economy by Gary G. Hamilton Details

Beginning in the 1950s, Taiwan quickly became an industrialist and became an extension of East Asia's "borderless" economy. Despite President Trump's call for an end to the "American massacre" -…

Making Money synopsis

Beginning in the 1950s, Taiwan quickly became an industrialist and became an extension of East Asia's "borderless" economy. Despite President Trump's call for an end to the "American massacre" - the loss of manufacturing jobs in the United States - local retailers and traders are still deliberately buying production abroad, primarily to Taiwan. In this book, Gary G.

Hamilton and Cheng-shao Cao How Taiwanese businessmen have played a huge unknown role in their nation's continuing rise. Among prominent names such as Pou Chen and Hon Hai for small and medium-sized businesses, Taiwan contract manufacturers have become the world's most advanced supplier of consumer products worldwide.

Drawing on more than 30 years of research and more than 800 interviews, Hamilton and Cao tell the stories of these industrialists. The picture that emerges is one of the bright new capitalists involved in the heart of the rapidly changing landscape, who are tirelessly trying to benefit from it. Money exposes its citizens to be at the same time producers of economic globalization and its sub-products.

While Taiwan's business future is uncertain, the robustness of demand-led capitalism is not.



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