Difference between revisions of "Four Tigers"
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| − | The Four Tigers are the prosperous economies of four Pacific Rim regions: [[Hong Kong]], [[Singapore]], [[Taiwan]] and [[South Korea]]. Since the 1960's their economies have rapidly developed by selling high value goods to developed nations. They did this in part by purchasing American Treasuries ensuring a lower value to their local curriency making their exports seem cheaper, and by putting in place [[ | + | The Four Tigers are the prosperous economies of four Pacific Rim regions: [[Hong Kong]], [[Singapore]], [[Taiwan]] and [[South Korea]]. Since the 1960's their economies have rapidly developed by selling high value goods to developed nations. They did this in part by purchasing American Treasuries ensuring a lower value to their local curriency making their exports seem cheaper, and by putting in place [[tariff|tariffs]] to prevent incoming goods. Education was another important aspect of their growth to ensure that the workforces were well educated and ultimately more productive. |
[[category:political terms]] | [[category:political terms]] | ||
Revision as of 21:39, August 30, 2007
The Four Tigers are the prosperous economies of four Pacific Rim regions: Hong Kong, Singapore, Taiwan and South Korea. Since the 1960's their economies have rapidly developed by selling high value goods to developed nations. They did this in part by purchasing American Treasuries ensuring a lower value to their local curriency making their exports seem cheaper, and by putting in place tariffs to prevent incoming goods. Education was another important aspect of their growth to ensure that the workforces were well educated and ultimately more productive.