Four Asian Tigers

Four Asian Tigers

A map showing the Four Asian Tigers

Hong Kong
South Korea

Singapore
Taiwan

The Four Asian Tigers or Asian Dragons are the highly developed economies of Hong
Kong, Singapore, South Korea and Taiwan (Republic of China) . These regions were the
first newly industrialized countries, noted for maintaining exceptionally high growth rates
and rapid industrialization between the early 1960s and 1990s. In the 21st century, all
four regions have since graduated into advanced economies and high-income economies.
In each of these economies, the government has sought to emphasize and fund the
industry that they have chosen to attempt to develop.
All four Asian Tigers have a highly educated and skilled workforce and have specialized
in areas where they had a competitive advantage. For example, Hong Kong and
Singapore became world leading international financial centres, while South Korea and
Taiwan became world leaders in information technology. Their economic success stories
became known as the Miracle on the Han River and the Taiwan Miracle and have served
as role models for many developing countries,[1][2][3] especially the Tiger Cub Economies.
1. Who are the Asian Tigers?
The Asian Tigers are the highly developed economies of Hong Kong, Singapore,
South Korea, and Taiwan.
2. How long did they maintain high growth rates?
They maintained high growth rates between the early 1960s and 1990s.

3. How did Hong Kong and Singapore become developed?

They became world leaders in international financial centers.

4. How did South Korea and Taiwan become developed?

They became world leaders in information technology.

5. Do you think other developing countries should follow a mixed economy model? Why
or why not?
Yes, they can benefit from both kind of economies.

6. What level of production would you say the Asian Tigers are in?
I think Asian Tigers are between 3 and 4 because they are developed and industrialized
countries.

7. Would you call these countries core, semi-periphery, or periphery countries?

I would call these counties core because they are highly developed countries.