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East_Asia

East_Asia

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Published by api-3757700
About East Asian Crisis in 1997
About East Asian Crisis in 1997

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Published by: api-3757700 on Oct 15, 2008
Copyright:Attribution Non-commercial

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05/09/2014

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East Asia
Who Are The Asian Tigers?

In the mid-1990s we spoke of
the \u201cAsian Tigers\u201d with awe.
Heavy savings and
investment, rapid
development.

Before 1997\u2026
\ue000The East Asian Economic Miracle
Until 1997 the countries of East Asia were
having very high growth rates.
The ingredients for the success of the East
Asian Miracle

\ue001High saving and investment rates
\ue001Strong emphasis on education
\ue001Stable macroeconomic environment
\ue001Free from high inflation or major economic

slumps
\ue001High share of trade in GDP

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