Four Asian Tigers

Acevedo Cano Judith 153110514

Becerril Espinosa Alexis Arturo 153110476
Huerta Tapia Jessica 153110970
Lopez Olvera Olga Pauleth 153110178
Prez Coronel Erick Fernando 153110476
Ramrez Reyes Karla Valeria 153110439
Sevilla Guerrero Ana Paola 153110120
Who are they?

Taiwan
Corea
Hong Kong
Singapur
 Who are they?

They are the wealthy high-tech industrialized developed countries which underwent
rapid industrialization, technological innovation and development and also maintained
exceptionally high growth rates (in excess of 7-8 percent a year) between the mid-1950s
and early 1990s.
They have invested heavily in their infrastructure as well as in developing the cerebral
intellectual abilities of their human talent, fostering and retaining their gifted geniuses to
help further develop and improve their respective countries.
GDP (1960-2015)
 ASIAN DRAGONS

Also going by the nickname of Asian dragons, the four Asian tigers share common
characteristics that include:
a focus on exports
an educated populace
high savings rates
The economies of the four tigers have proved to be resilient enough to withstand
local crises, such as the Asian financial crisis of 1997, as well as global shocks,
including the credit crunch of 2008. The International Monetary Fund (IMF)
includes the four Asian tigers in its category of 35 advanced economies.
DEMOGRAPHICS
ECONOMICS
QUALITY OF LIFE
Mexico and the four tigers
 ASIAN FINANCIAL CRISIS

Since the early 1970s in the four Asian countries, there have been problems of shortage
of unskilled labor due to the rapidity and high labor intensity of their previous industrial
development (1960-1970)
This has led to an acceleration of wages, especially in the manufacturing sector, since
1973-1974. Since the late 1970s, nominal wages have maintained a very rapid pace of
growth, particularly in Korea.
 ASIAN FINANCIAL CRISIS

The 1997 Asian financial crisis affected all four Asian tiger economies. South Korea was hit
the hardest as its foreign debt burdens swelled resulting in its currency falling between 35-
50%. By the beginning of 1997, the stock market in Hong Kong, Singapore, and South
Korea also saw losses of at least 60% in dollar terms.
The export-oriented tiger economies, which benefited from American consumption, were
hit hard by the financial crisis of 200708. By the fourth quarter of 2008, the GDP of all
four nations fell by an average annualized rate of around 15%. Exports also fell by a 50%
annualized rate. Weak domestic demand also affected the recovery of these economies. In
2008, retail sales fell 3% in Hong Kong, 6% in Singapore and 11% in Taiwan.
Sources

Hyun Sook Lee Kim Diversidad de los procesos de crecimiento econmico de los
cuatro tigres asiticos Comercio Exter ior , vol. 42, nm. 2, Mxico, febrero de
1992, pp. 177-181
URL http://www.investopedia.com/terms/f/four-asian-tigers.asp
Website Title Investopedia
Article Title Four Asian Tigers
Date Published July 29, 2015
Date Accessed July 06, 2017