Comment by eru
That the favoured industry (or company) is doing well isn't necessarily a sign that the policy is overall good for the country's economy.
As an analogy: weapons manufacturers do well when there's a war on, too, but that doesn't mean war is good for prosperity.
> That the favoured industry (or company) is doing well isn't necessarily a sign that the policy is overall good for the country's economy.
You are answering specifics with generalities.
If Taiwan didn't support and nurture TSMC so that today it's a national champion that prints money, what development path do you think they could have taken that would've brought at least the same economic success? Please be specific.