Kuomintang, Chinese Nationalist Party, and the Disputed Assets

Abstract

KMT, often translated as the Chinese Nationalist Party, seized assets from the Japanese colonial government and private business at the end of World War II. As the current ruling party, KMT remains one of the richest political organizations in the world. The entire KMT property and division of wealth in Taiwan after WW II is often referred to as the “disputed assets.” Under the early years of the authoritarian regime, the Chinese Nationalist Party (KMT) was able to conceal most of its stolen assets by setting its own set of rules and regulation. Outside of the KMT organization, political parties and social groups have all demanded that KMT accept more social and political responsibility by releasing a complete history of all its assets and transactions, including the documentation of title transfers, account management, and account transfers. There are several dimensions to this issue: politics, policy, history, and law. This research predicts how KMT will solve the issue, and the ultimate result is very close to that predicted in advance, with an expected utility model.