Four Asian Tigers: Difference between revisions
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The '''Four Asian Tigers''' or '''Asian Dragons''' are the highly [[Developed country|developed economies]] of [[Hong Kong#Economy|Hong Kong]], [[Singapore#Economy|Singapore]], [[South Korea#Economy|South Korea]] and [[Taiwan#Economy|Taiwan]]. These regions were the first [[Newly industrialized country|newly industrialized countries]]. They are known because they had very high growth rates (they became rich very fast) and fast [[industrialization]] between the early 1960s and 1990s. Now all four economies are [[developed country|rich economies]] (developed countries).<ref>https://www.imf.org/external/pubs/ft/weo/2017/01/weodata/groups.htm#oae</ref> |
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All four Asian Tigers have a highly educated and productive work force compared to others in the region. |
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The economic success stories of Korea and Taiwan became known as the Miracle on the Han River and the Taiwan Miracle. This helped many [[developing countries]] think maybe they could become rich too, especially the Tiger Cub economies.<ref>{{cite web |url=http://www.afrol.com/articles/22953 |title=Can Africa really learn from Korea? |date=24 November 2008 |publisher=afrol News |accessdate=2009-02-16}}</ref><ref>{{cite news |url=http://www.korea.net/news/news/newsView.asp?serial_no=20080301004&part=103 |title=Korea role model for Latin America: envoy |publisher=Korean Culture and Information Service |date=1 March 2008 |accessdate=2009-02-16|archiveurl=https://web.archive.org/web/20090422054358/http://www.korea.net/news/news/newsView.asp?serial_no=20080301004&part=103|archivedate=22 April 2009}}</ref><ref>{{cite journal |url=http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V69-4TR37CX-3&_user=10&_rdoc=1&_fmt=&_orig=search&_sort=d&view=c&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=5614827be8562007c3b0d6865ef92d15 |title=Korean economic growth and marketing practice progress: A role model for economic growth of developing countries |last=Leea |first=Jinyong |coauthors=LaPlacab, Peter; Rassekh, Farhad |publisher=Elsevier B.V. (subscription required) |work=Industrial Marketing Management |date=2 September 2008 |accessdate=2009-02-16}}</ref> |
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The four tigers grew richer very quickly. Some of this was because these countries let companies [[competition|compete]] more, and some of this was because they started to sell more to other countries. The United States helped during the [[Cold War]], because they didn't want these countries to become [[Communism|communist]] countries unlike some other countries. |
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<!-- The four original tigers experienced decades of supercharged growth based largely on market liberalizations and a dramatic increase in exports, much of this incited by the [[United States]] during the [[Cold War]]. Afraid the world would succumb to [[Communism]], the U.S. bolstered relations with many nations offering financial assistance, investing in their economies, installing and removing leaders, and providing a large foreign market for their goods. As a result the Western world seemed to take notice of Asia for the first time and began seeing it as a viable market. Foreign investment skyrocketed and these states went from undeveloped to successfully developed countries in almost no time. --> |
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All the Asian Tigers tried to [[export]] (sell) things to rich [[industrialization|industrialized]] nations. They grew rich very quickly (they had double-digit economic growth) for decades. Each nation was not a democracy, and people were not very free in the early years. All of these countries later became freer, and people now think Taiwan and Korea are [[liberal democracy|liberal democracies]] |
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<ref>{{cite web |url=http://www.wordiq.com/definition/East_Asian_Tigers |title=East Asian Tigers- Definition |date=1 February 2010|publisher=WordIQ.com|accessdate=2011-03-01}}</ref> |
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==References== |
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{{reflist}} |
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==Things you can read== |
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* Ezra F. Vogel, ''The Four Little Dragons: The Spread of Industrialization in East Asia'' (Cambridge, MA: Harvard University Press, 1991). |
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== Other websites == |
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* [http://news.bbc.co.uk/1/hi/special_report/1998/asian_economic_crises/72222.stm BBC report on the Asian Tigers in the aftermath of the 1997 Financial Crisis] (includes map of the Asian Tigers) |
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* [http://gbr.pepperdine.edu/001/tigers.html ASEAN tigers] |
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* [http://www.chinaeconomicreview.com/subscriber/articleprintable.php?id=731 The Elephant at the Gate in ''China Economic Review''] |
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[[Category:Country classifications]] |
[[Category:Country classifications]] |
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[[Category:Hong Kong]] |
[[Category:Hong Kong]] |
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Revision as of 19:45, 16 December 2017
| Four Asian Tigers | |||||||||||
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| Chinese name | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 亞洲四小龍 | ||||||||||
| Simplified Chinese | 亚洲四小龙 | ||||||||||
| Literal meaning | Asia's Four Little Dragons | ||||||||||
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| Korean name | |||||||||||
| Hangul | 아시아의 네 마리 용 | ||||||||||
| Literal meaning | Asia's four dragons | ||||||||||
| |||||||||||
The Four Asian Tigers or Asian Dragons are the highly developed economies of Hong Kong, Singapore, South Korea and Taiwan. These regions were the first newly industrialized countries. They are known because they had very high growth rates (they became rich very fast) and fast industrialization between the early 1960s and 1990s. Now all four economies are rich economies (developed countries).[1]
All four Asian Tigers have a highly educated and productive work force compared to others in the region.
The economic success stories of Korea and Taiwan became known as the Miracle on the Han River and the Taiwan Miracle. This helped many developing countries think maybe they could become rich too, especially the Tiger Cub economies.[2][3][4]
The four tigers grew richer very quickly. Some of this was because these countries let companies compete more, and some of this was because they started to sell more to other countries. The United States helped during the Cold War, because they didn't want these countries to become communist countries unlike some other countries.
All the Asian Tigers tried to export (sell) things to rich industrialized nations. They grew rich very quickly (they had double-digit economic growth) for decades. Each nation was not a democracy, and people were not very free in the early years. All of these countries later became freer, and people now think Taiwan and Korea are liberal democracies [5]
References
- ↑ https://www.imf.org/external/pubs/ft/weo/2017/01/weodata/groups.htm#oae
- ↑ "Can Africa really learn from Korea?". afrol News. 24 November 2008. Retrieved 2009-02-16.
- ↑ "Korea role model for Latin America: envoy". Korean Culture and Information Service. 1 March 2008. Archived from the original on 22 April 2009. Retrieved 2009-02-16.
- ↑ Leea, Jinyong (2 September 2008). "Korean economic growth and marketing practice progress: A role model for economic growth of developing countries". Industrial Marketing Management. Elsevier B.V. (subscription required). Retrieved 2009-02-16.
{{cite journal}}: Unknown parameter|coauthors=ignored (|author=suggested) (help) - ↑ "East Asian Tigers- Definition". WordIQ.com. 1 February 2010. Retrieved 2011-03-01.
Things you can read
- Ezra F. Vogel, The Four Little Dragons: The Spread of Industrialization in East Asia (Cambridge, MA: Harvard University Press, 1991).
Other websites
- BBC report on the Asian Tigers in the aftermath of the 1997 Financial Crisis (includes map of the Asian Tigers)
- ASEAN tigers
- The Elephant at the Gate in China Economic Review