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.
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References in periodicals archive ?
Much has been said of Pakistan rising up as an Asian Tiger, modelled along the lines of East Asian Tigers such as South Korea and Singapore.
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.
Regarding the relationship with the East Asian model, the author seems to generally agree with Chalmers Johnson's observation that the economic success of the East Asian tigers' (i.e., South Korea, Taiwan, Hong Kong, and Singapore) (5) was largely a result of country-specific imitations and replications of the original Japanese growth model (p.
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.
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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