The ping-pong diplomacy and its aftermath discussion, coupled with the entry of communist China into the United Nations and the subsequent expulsion of Taiwan, will generate considerable political dialogue about the changing balance of power and the fate of the other China. These political discussions will obviously overshadow the true role and function of the existence of Taiwan. Given the time, Taiwan could become a model for the development process for other emerging countries. Taiwan's experience with eco nomic development has real relevance for many countries. For exam ple, in less than...