Four Asian Tigers

The Four Asian Tigers refer to the highly developed economies of Hong Kong, Singapore, South Korea, and Taiwan. They experienced rapid industrialization and economic growth from the 1960s to the 1990s. These regions transformed from agrarian economies to global economic powerhouses, primarily through manufacturing and export-oriented strategies. Key factors in their success included strong government policies, investment in education and technology, and a focus on trade. The term highlights their significant role in the global economy and serves as a model for developing nations seeking similar growth trajectories.