Taiwan's Capital Market Reform: The Financial and Legal Issues

Taiwan's Capital Market Reform examines from a unique interdisciplinary, financial, legal, and economic framework, the history, current status, and the future prospects of capital market reform in Taiwan. In the 1990s, and into the next century, Taiwan's increasingly liberalized and internationalized capital markets will stimulate better its domestic and international economic successes, including greater capital formation and savings at home, and capital investment and trade flows abroad facilitated by its rapidly growing and energetic free-enterprise Chinese business and conglomerates. Moreover, Taiwan will become an integral economic and financial part of the Greater China that is likely to become the world's largest economy early in the new millennium, acting as a major investor in and banker to the mainland, as well as to the rest of Southeast Asia.