Party-state capitalism
Party-state capitalism, or KMT-state capitalism, is a term used by some economists and sociologists to describe the economy of Taiwan under the authoritarian military government of the Kuomintang. The term is not being used by KMT itself, it was coined by Taiwanese economists such as Chen Shih-meng and Cyrus Chu, with their research report Deconstructing the KMT-State Capitalism.
