The spectacular growth of many economies in East Asia over the past 30 years has amazed the economics profession, which inevitably refers to the success of the so-called Four Tigers of the region (Hong Kong, Korea, Singapore, and Taiwan Province of China) as miraculous. This paper critically reviews the reasons alleged for this extraordinary growth. The high and persistent growth of the four Newly Industrialised Economies — also known as the East Asian Tigers: Hong Kong, South Korea, Singapore and Taiwan — from 1970 to 1990 prompted much debate about the drivers of growth in these economies. There have been numerous studies looking into this issue, but they have not yet been able to reach a common conclusion.
Jun 29, 2017 · Southeast Asian tiger economies look to avoid crisis repeat across Southeast Asia with the signature intensity of the days — but so is the likelihood of a return to the tiger-era growth Author: Michael Peel. Chinese Christians help growth of evangelical churches across Southeast Asia. A study shows that over 50% of mega-church-goers in Southeast Asia, have a university degree, are Chinese, and come from families which were not previously Christian.
All four Asian Tigers have a highly educated and productive work force compared to others in the region. The economic success of South Korea and Taiwan were known as the "Miracle on the Han River" and the "Taiwan Miracle" respectively. The four tigers has accomplished rapid economical growth in a Literal meaning: Asia's Four Little Dragons.