Selig S. Hamson, in Foreign Affairs (Spring 1988),

 
Council on Foreign Relations, 58 East 68th St.,

 
New York, N.Y. 10021.

The death of Taiwan's President Chiang Ching-kuo last January at age 77 could mark a turning point for that prospering island.
Chiang's chosen successor, former vice president Lee Teng-hui, 64, a Cornell-trained economist, inherits a healthy regime from Chiang: An an-nual growth rate of 13 percent, foreign exchange reserve...