Krista Bruns
SSC 141a
Assignment 3
British English
Can one tame a tiger?
- The extensive growth of South East Asian Economies -
Introduction
A tiger economy is a name given to a region or country which undergoes a heavy and fast economic growth. This usually also leads to rising living standards. This term was first applied to South Korea, Singapore, Hong Kong and Taiwan. Since the 1960's, these four countries are known as the East Asian Tigers. Later on more Tiger Economies emerged, but this essay will focus mainly on the first four. Even though the countries do not share their borders, together they can be considered as an economic region, for they share a lot of characteristic and they have gone to similar developments at the same time.
All tigers were relatively poor during the 1960's. Due to this factor, they had the comparative advantage of cheap labour. In this essay the competitiveness of the East Asian Tigers today will be elaborated on. This will be......
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Approximate Word Count: 2179
Approximate Pages: 9 (260 words per double-spaced page) |