Tiger Economy

(redirected from East Asian Tigers)

Tiger Economy

A collective name given to the economies of East and Southeast Asia, which experienced nearly unprecedented growth, especially in the 1980s and early 1990s. The Asian financial crisis in the late 1990s ended the idea that the tiger economies were unstoppable, though most have recovered well and remain important players in the global economy. See also: Keiretsu, chaebol, ASEAN.
References in periodicals archive ?
This will ensure that we can move on from the world order being imposed on us, to what actually suits us for economic growth and development, as done by the South East Asian Tigers, such as South Korea.
A 1997 World Bank (WB) working paper explained that the faster growth rate of the working-age population in Hong Kong, Singapore, South Korea, and Taiwan contributed heavily to the "economic miracles" these East Asian Tigers experienced between 1965 and 1990.
For Japan, the Korean peninsula, Mongolia and China in the East Asia, for East Asian tigers and the coast-less central Asian countries, a functional port in Gwadar jointly owned by Pakistan and China will dramatically bring Pakistan as the focal point of international trade.
However, the term "developmental state" only gained prominence in policy discourses following the rapid rise of the East Asian Tigers in the global political economy between the 1960s and late 1980s.
Nonetheless, the Chinese policy-makers have gleaned particular yet significant lessons from these four East Asian tigers in a highly selective manner, and "China continues to select what it views as relevant experiences" from these countries (p.
the East Asian tigers have a successful history of fostering a developmental state).
Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization.
The East Asian tigers invested heavily in education, and it paid off in terms of a capable and modern workforce.
The East Asian tigers that pushed themselves onto the world economy's center stage were small units, and in some cases--Singapore, Taiwan, or Hong Kong--were not even treated as states.
The development of the East Asian Tigers marked a blossoming of complexity in development debates, not a simplification that serves to sweep local priorities under the rug.
Zinc consumption in the eight east Asian Tigers in 1998 collapsed, declining by 16% to its lowest level since 1992.
However, if a comparison is made with the East Asian Tigers, we notice that Pakistan has been left behind in the economic race.
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