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Taiwan authorities have carried out a series of reforms in the field of land, taxation, industry, finance etc. since the retreat of Kuomintang (KMT) to Taiwan in 1949.

After the Second World War, the UK suffered from severe stagflation for about 30 years, causing a series of social problems.

In view of the reform methodology, the success of former US President Ronald Reagan’s reform is ascribed to its effective strategies and tactics.

With a goal to revitalize socialism and to accelerate the economic development of the Soviet Union, Gorbachev's reform, however, turned out contrary to the original wishes and resulted in the disintegration of the Party and the Soviet Union.

History has proved that the methods and manners adopted in promoting reform are vital to success.

In 1069 A.D., Wang Anshi (1021-1086) launched a comprehensive supplementary reform with relevant supporting measures, which centered on the management of financial sector and the rectification of army relating to various areas such as politics, economy, culture, social and military affairs.

During the middle-to-later period of Ming Dynasty, highly centralized political system grew increasingly corrupted, land annexation became extremely serious, and the people lived in dire poverty, all of which led to a ruling crisis of the Ming Dynasty.

In late Qing Dynasty, China was facing domestic unrest and foreign aggression. The failed reforms including the Reform Movement (also known as Hundred Days’ Reform) and the New Deal during late Qing Dynasty could not save the Qing government from the fate of extinction.