Political, economic, social, and international developments in Nationalist China during 1965 and 1966. Preoccupation with return to the Mainland continues, accompanied by frustration with the U.S. attitude toward Nationalist Chinese plans. Seeking support of its foreign policy goals, Nationalist China has become a member of the Asia and Pacific Council (ASPAC), a Pan-Asian grouping for economic and political cooperation. Economically, Nationalist China's growth rate is the second highest in Asia, an achievement that would not have been possible without the financial assistance provided since 1950 by the United States. Nationalist China's continued economic progress will depend to a great extent on capital formation through foreign investment; industrial goals may not be achieved unless the government can improve the circumstances under which foreign investors operate. A new agricultural policy which will focus on planting the most economically profitable crops is needed. Pressing social problems, such as a steadily increasing population, demand attention. 94 pp.
This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.
Our mission to help improve policy and decisionmaking through research and analysis is enabled through our core values of quality and objectivity and our unwavering commitment to the highest level of integrity and ethical behavior. To help ensure our research and analysis are rigorous, objective, and nonpartisan, we subject our research publications to a robust and exacting quality-assurance process; avoid both the appearance and reality of financial and other conflicts of interest through staff training, project screening, and a policy of mandatory disclosure; and pursue transparency in our research engagements through our commitment to the open publication of our research findings and recommendations, disclosure of the source of funding of published research, and policies to ensure intellectual independence. For more information, visit www.rand.org/about/principles.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.