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How did Taiwan transform itself from a “least developed country” into an Asian Tiger? How did it become a successful, multiparty democracy after years of authoritarian rule? Why do its relations with China and the US remain critical? The authors address these questions as they assess Taiwan’s trajectory since 1949 in the political, economic, and social spheres. They also consider the challenges the country faces as it seeks to maintain its status and sustain growth despite internal struggles, rising tensions with Beijing, and declining international diplomatic recognition.

Taiwan --- Politics and government --- Economic conditions. --- Foreign relations. --- Foreign economic relations.