ITM 601 Study Guide - Final Guide: Democratic Progressive Party (Malawi), Lee Kuan Yew, Petrochemical Industry

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Final exam: taiwan, south korea, singapore, indonesia, philippines, india. Ex) economic system of india prior to reform and after reform, how they changed the system and how. Questions on singapore, looking at development over the years mainly engaged in shipping and now an oil based industry. Indonesia- what have they achieved with change in political system. Taiwan has a developed economy with a wide range of heavy and light industries. The leading sectors are the production of pcs, semi conductors, and other electronic products, chemicals petrochemical industry, oil refining, and the production of steel, nonferrous metals, and metal products. The agricultural sector is small but they are a known producer of tea and bananas. The territory is one of the world"s largest foreign exchange reserves holders with 290 billion dollars. At present the ruling party is the kmt and its main opponent is the democratic progressive party (dpp). Taiwan shifted from import substitution to export promotion.