It is time to unveil the Tigers we have been waiting for
These Tigers are called the Asian tigers.
The Asian Tigers are those nations in South East Asia that have exceptional economic development.
In 1960’s four nations were noted for maintaining high growth rate and rapid industries growth.
This countries includes Taiwan, Hong Kong, Singapore, South Korea,
This growth was attributed to several factors such as
- Geography
- Culture
- Luck
- Influence of foreign countries
- Demographic trends, etc.
Although, the factors responsible for these rise have been controversial to different schools and scholars, but it has been accepted that government and the leaders of these countries have played a role in the economic development.
Thus due to their exceptional economic development, this countries are called the Asian Tigers.
