Taiwan Miracle
The Taiwan Miracle (Chinese: 臺灣奇蹟; pinyin: Táiwān Qíjī; Pe̍h-ōe-jī: Tâi-oân Kî-chek) or Taiwan Economic Miracle refers to Taiwan's rapid economic development to a developed, high-income country during the latter half of the twentieth century.
| Taiwan Miracle | |||||||||||||||||||
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| Traditional Chinese | 臺灣奇蹟 | ||||||||||||||||||
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| Taiwan Economic Miracle | |||||||||||||||||||
| Traditional Chinese | 臺灣經濟奇蹟 | ||||||||||||||||||
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As it developed alongside South Korea, Singapore, and Hong Kong, Taiwan became known as one of the "Four Asian Tigers". Taiwan was the first developing country to adopt an export-oriented trade strategy after World War II.
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