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This presentations provide all the tools required to go through the four asian tigers characteristics and create professional lectures that appeal to global audiences. Europe Africa Asia Oceania. Tables Comparison Tables Creative Layouts.
Cast your mind back 20 years, to a very different world. The West in general is enjoying an era of genuine, golden growth. Life was also improving in more exotic places.
Many Asian economies have started to turn the corner, after the sudden downturn most experienced last year. But some are better-equipped to deliver sustainable non-inflationary growth than others—and higher oil prices could yet knock everyone back. That must be how it feels for many East Asian economies after the disruptions of the past five years.
However since the Asian Financial crisisa fast bounce back and an accelerated economic take off was noted in academia under the title of 'Asian Miracle'. The four Tigers alongside with the other emerging Asian economies have successfully managed to take off in a rare manner never witnessed before in terms of third world development. Furthermore, the argument will state that the political leadership of these Asian states have adopted long term development strategies with the use of these different tools : Education, technology, cheap Labor, natural resources, infant industries, trade, geography and the allocation of aid.
These developing economies are following the export-driven economic model that enabled the Four Asian Tigers Hong Kong, Singapore, South Korea, and Taiwan to become highly developed industrial economies. Historically, the Indonesian economy was heavily dependent on agriculture. However, the current economy is more diversified.
Major leaps in air telecommunications and air travel coupled with probable world peace indicated that world countries were opening up their borders and thus the Four Tigers took advantage of this opening. The four countries had viable trade economiesestablished portshigh literacy levels and advanced infrastructure inherited from their colonial masters. Singapore is one of the smallest nations but has the highest GDP between the four asian tigers.
A similar transformation is occurring in Southeast Asia, only now the forefront of change is being driven by the mobile economy. When you combine these three factors, Indonesia represents a huge population of young, mobile savvy digital natives. But significant challenges and impediments to growth remain.
Although the country is not part of the United Nations, due to pressure from China, it has nevertheless emerged as a reliable exporter. Although it has only 5. Considered one of the least corrupt nations in the world, Singapore has a notoriously transparent regulatory environment and well-secured property rights, which provide valuable commercial security to the private sector.
Hong Kong, Singapore, Taiwan, and South Korea — we know these countries to be among the most productive and profitable in the world. In fact, just last year the last of the Four Asian Tigers officially overtook Japan in terms of GDP, placing them second only to China in terms of economic success. So what is the story behind the Four Asian Tigers? And what can we learn from their success?