Taiwanese private enterprise mother-in-law and daughter-in-law

Abstract

In the past 40 years, Taiwan's economy has developed rapidly. From 1952 to 1988, the gross national product increased from 1.6 billion US dollars to 122.5 billion US dollars. Rapid economic growth has made Taiwan one of the "Four Little Dragons" in Asia alongside South Korea, Hong Kong and Singapore. From the perspective of enterprise structure, from 1952 to 1985, the proportion of private enterprises in all enterprises increased from 43.4% to 83.9%, while the proportion of public enterprises decreased from 56.6% to 16.1%. In contrast, private enterprises developed rapidly and came from behind to become Taiwan's economic