
Technocrat premier who initiated China economic boom.
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Yu Kuo-hwa served as Premier of the Republic of China from 1984 to 1989. He continued the economic liberalization policies of his predecessors, overseeing further growth and the beginning of democratization.
Yu Kuo-hwa implemented market-oriented reforms, including privatization of state-owned enterprises and trade liberalization. These policies accelerated Taiwan's economic boom and integration into global markets.
Yu Kuo-hwa resigned as Premier after conflicts with the Legislative Yuan and the ruling Kuomintang over the pace of political reform. His resignation marked a shift toward more democratic governance.
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