Tiger Economy


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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 ?
First Minister Alex Salmond used the occasion to attempt to score political points, saying: "The accomplishments of the Irish Celtic Tiger economy demonstrate the advantage of being a small independent nation in Europe.
Indeed, how can a people ever dream of achieving a tiger economy status when our hearts and minds are that of a pussycat?
The booming Celtic Tiger economy has prompted higher wages and a shift away from blue collar jobs which have seen many of Ireland's labourers down tools to learn higher-paid trades.
Rapid GDP growth and privatisations, with the emergence of big private business groups going public and family empires branching into various sectors, have turned Egypt into a tiger economy.
Secondly, in the economic front, there is the impressive economic performance of the Philippines which is now touted as next tiger economy in Southeast Asia.
More than a year before his term was due to end and with the once-mighty Celtic Tiger economy in tatters, Brian Cowen stood down as Taoiseach and the Dail was dissolved.
The country's tiger economy has recently shown its emerging strength on the world stage with Tata Steel's pounds 4.
The Celtic Tiger economy which had seen property prices in the republic reach unprecedented levels, has now cooled.
We'll be looking at the intervention, innovation and spirit, which have helped create the tiger economy.
THE Finance Minister Charlie McCreevy is set to order massive spending cuts as the Celtic Tiger economy grinds to a halt.
The prices debate is of serious concern to Bertie Ahern's government with the Celtic Tiger economy limping badly and inflation now close to 5%.
She blames rising unemployment following a slowdown in the Celtic Tiger economy and fallout from the September 11 terror attacks on America.