Ed Dodson wrote:"The Taiwanese landlords were required to
sell
portions of their land to government in exchange for government bonds.
Also,
caps were put on rents that could be charged to tenant farmers. This
allowed
farmers to accumulate financial capital to invest in their farms,
to
increase output and help to make Taiwan self-sufficient in food
production.
Once this was achieved, Taiwan was able to invest in public goods
and build
its educational and manufacturing infrastructure. There are clear
lessons to
be learned for those who seek a better life for the Filipino
people."
And it would make a great policy initiative for Venezuela as well.