98 relations: ASEAN Free Trade Area, Asia-Pacific Economic Cooperation, Asian Century, Asian Development Bank, Asian values, Association of Southeast Asian Nations, Authoritarianism, Baltic Tiger, BRIC, BRICS, Capital city, Celtic Tiger, China, Chinese dragon, Confucianism, Corruption Perceptions Index, Country, Data rate units, Democracy Index, Developed country, Developing country, Development Assistance Committee, East Asia Summit, East Asian cultural sphere, Economic Development Board, Economic growth, Economic miracle, Economy of Hong Kong, Economy of Singapore, Economy of South Korea, Economy of Taiwan, Exchange rate, Export-oriented industrialization, External debt, Financial centre, Financial crisis of 2007–08, Free trade, G-20 major economies, Gallup (company), Gini coefficient, Government budget balance, Gross domestic product, Gulf Tiger, Hong Kong, Hong Kong Monetary Authority, Human capital, Hyundai, India, Indonesia, Industrial park, ..., Industrialisation, Information technology, International trade, Interventionism (politics), Lee Kuan Yew, Liberalization, List of countries and dependencies by area, List of countries and dependencies by population, List of countries by exports, List of countries by GDP (nominal), List of countries by GDP (nominal) per capita, List of countries by GDP (PPP), List of countries by GDP (PPP) per capita, List of countries by Human Development Index, List of countries by imports, List of countries by income equality, List of countries by Internet connection speeds, List of countries by smartphone penetration, List of sovereign states and dependent territories by population density, Macroeconomics, Malaysia, Market economy, Max Weber, May Fourth Movement, MINT (economics), Neoliberalism, Newly industrialized country, Nylonkong, Organisation for Economic Co-operation and Development, Per capita income, Philippines, Press Freedom Index, Primary education, Protestant work ethic, Singapore, South Korea, Taiwan, Territory (country subdivision), Thailand, The Protestant Ethic and the Spirit of Capitalism, Tiger Cub Economies, United Kingdom, United Nations, Welfare state, World Bank, World Bank high-income economy, World Trade Organization, 1997 Asian financial crisis. Expand index (48 more) » « Shrink index
The ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries.
Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies.
The Asian Century is the projected 21st-century dominance of Asian politics and culture, assuming certain demographic and economic trends persist.
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The Asian Development Bank (ADB) is a regional development bank established on 22 August 1966 which is headquartered in Metro Manila, Philippines, to facilitate economic development in Asia.
Asian values was a political ideology of the 1990s, which defined elements of society, culture and history common to the nations of Southeast and East Asia.
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The Association of Southeast Asian Nations (ASEAN) is a political and economic organisation of ten Southeast Asian countries.
Authoritarianism is a form of government.
Baltic Tiger is a term used to refer to any of the three Baltic states of Estonia, Latvia, and Lithuania during their periods of economic boom, which started after the year 2000 and continued until 2006–2007.
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In economics, BRIC is a grouping acronym that refers to the countries of '''B'''razil, '''R'''ussia, '''I'''ndia and '''C'''hina, which are all deemed to be at a similar stage of newly advanced economic development.
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BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa.
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A capital city (or simply capital) is the municipality enjoying primary status in a country, state, province, or other region, usually as its seat of government.
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"Celtic Tiger" (An Tíogar Ceilteach) is a term referring to the economy of the Republic of Ireland from the mid-1990s to the mid-2000s, a period of rapid real economic growth fuelled by foreign direct investment, and a subsequent property bubble which rendered the real economy uncompetitive.
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China, officially the People's Republic of China (PRC), is a sovereign state in East Asia.
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Chinese dragons are legendary creatures in Chinese mythology and Chinese folklore.
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Confucianism, also known as Ruism, is a system of philosophical and "ethical-sociopolitical teachings" sometimes described as a religion.
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Transparency International (TI) has published the Corruption Perceptions Index (CPI) since 1995, annually ranking countries "by their perceived levels of corruption, as determined by expert assessments and opinion surveys." The CPI generally defines corruption as "the misuse of public power for private benefit."CPI 2010: Long methodological brief, p. 2 The CPI currently ranks 177 countries "on a scale from 100 (very clean) to 0 (highly corrupt).".
A country is a region that is identified as a distinct entity in political geography.
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In telecommunications, data transfer rate is the average number of bits (bitrate), characters or symbols (baudrate), or blocks per unit time passing between equipment in a data transmission system.
The Democracy Index is an index compiled by the Economist Intelligence Unit, that measures the state of democracy in 167 countries, of which 166 are sovereign states and 165 are United Nations member states.
A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.
A developing country, also called a less developed country or underdeveloped country, is a nation with an underdeveloped industrial base, and a low Human Development Index (HDI) relative to other countries.
The Organisation for Economic Co-operation and Development's (OECD) Development Assistance Committee (DAC) is a forum to discuss issues surrounding aid, development and poverty reduction in developing countries.
The East Asia Summit (EAS) is a forum held annually by leaders of, initially, 16 countries in the East Asian region.
The East Asian cultural sphere or Sinosphere refers to a grouping of countries and regions that were historically influenced by the culture of China.
The Economic Development Board (Abbreviation: EDB; Chinese: 经济发展局) is a statutory board of the Government of Singapore which plans and executes strategies to sustain Singapore as a leading global hub for business and investment.
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.
Economic miracle is an informal economic term commonly used to refer to a period of dramatic economic development that is entirely unexpected or unexpectedly strong.
As one of the world's leading international financial centres, Hong Kong's service-oriented economy is characterised by its low taxation, almost free port trade and well established international financial market.
Singapore has a highly developed trade-oriented market economy.
South Korea is a member of the Organization for Economic Co-operation and Development (OECD) and the G-20 major economies.
Taiwan has a developed capitalist economy that ranks as the 19th-largest in the world by purchasing power parity (PPP), ranks as 18th in the world by gross domestic product (GDP) at purchasing power parity per capita (person), and 24th in nominal GDP of investment and foreign trade by the Republic of China (ROC) government, commonly referred to as Taiwan.
In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another.
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Export-oriented industrialization (EOI) sometimes called export substitution industrialization (ESI), export led industrialization (ELI) or export-led growth is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage.
External debt (or foreign debt) is the total debt a country owes to foreign creditors.
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A financial centre is a location that is home to a cluster of nationally or internationally significant financial services providers such as banks, investment managers or stock exchanges.
The financial crisis of 2007–08, also known as the Global Financial Crisis and 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
Free trade is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.
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The Group of Twenty (also known as the G-20 or G20) is an international forum for the governments and central bank governors from 20 major economies.
Gallup, Inc., is an American research-based, global performance-management consulting company.
The Gini coefficient (also known as the Gini index or Gini ratio) is a measure of statistical dispersion intended to represent the income distribution of a nation's residents, and is the most commonly used measure of inequality.
A government budget is a government document presenting the government's proposed revenues and spending for a financial year.
Gross Domestic Product (GDP) is a measure of the size of an economy.
The Gulf Tiger or Arab Gulf Tiger is a nickname used to describe the period of rapid economic growth in the city of Dubai.
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Hong Kong, traditionally Hongkong, officially known as Hong Kong Special Administrative Region of the People's Republic of China, is a Special Administrative Region (SAR) on the southern coast of China at the Pearl River Estuary and the South China Sea.
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The Hong Kong Monetary Authority (HKMA, or 金管局) is Hong Kong's currency board and de facto central bank.
For the 2013 film, see Human Capital (film). Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.
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Hyundai Group was a multinational chaebol (conglomerate) headquartered in Seoul, South Korea.
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India, officially the Republic of India, is a country in South Asia.
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Indonesia (or; Indonesian), officially the Republic of Indonesia (Republik Indonesia), is a sovereign state in Southeast Asia.
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An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development.
Industrialisation or industrialization is the period of social and economic change that transforms a human group from an agrarian society into an industrial one, involving the extensive re-organisation of an economy for the purpose of manufacturing.
Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise.
International trade is the exchange of capital, goods, and services across international borders or territories, which could involve the activities of the government and individual.
Interventionism is a term for a policy of non-defensive (proactive) activity undertaken by a nation-state, or other geo-political jurisdiction of a lesser or greater nature, to manipulate an economy or society.
Lee Kuan Yew, GCMG, CH, SPMJ (born Harry Lee Kuan Yew, 16 September 1923 – 23 March 2015), informally known by his initials LKY, was the first Prime Minister of Singapore, governing for more than three decades from 1959 to 1990, including through Singapore's independence from Malaysia in 1965. After Lee chose to step down as Prime Minister in 1990, Lee's successor, Goh Chok Tong, appointed him as Senior Minister, a post he held until 2004, when his elder son, Lee Hsien Loong, became the nation's third prime minister. The elder Lee then assumed the advisory post of Minister Mentor until he left the Cabinet in 2011. In total, Lee held successive ministerial positions for 56 years. He continued to serve his Tanjong Pagar constituency of nearly 60 years as an elected Member of Parliament until his death in 2015.Buckley, Chris (23 March 2015).. The New York Times (blog). Lee is recognised as the founding father of independent Singapore, with the country being described as transitioning from the "third world to the first world in a single generation" under his leadership. Lee graduated from Fitzwilliam College, Cambridge University, with a double starred-first-class honours in law. In 1950, he became a barrister of the Middle Temple and practised law until 1959. Lee co-founded the People's Action Party (PAP) in 1954 and was its first secretary-general, a position he held until 1992, leading the party to eight consecutive victories. He campaigned for Britain to relinquish its colonial rule, which Britain did in 1963, when Singapore merged with Malaya, Sabah and Sarawak to form the new federation of Malaysia. Racial strife and political tensions led to Singapore's separation from the Malaysian Federation two years later. With overwhelming parliamentary control, Lee and his cabinet oversaw Singapore's transformation from a relatively underdeveloped colonial outpost with no natural resources to an Asian Tiger economy. In the process, he forged a widely admired system of meritocratic, corruption-free and highly efficient government and civil service. Many of his policies are now taught at the Lee Kuan Yew School of Public Policy. Lee eschewed populist policies in favor of pragmatic long-term social and economic measures. With meritocracy and multiracialism as the governing principles, Lee made English the common language to integrate its immigrant society and to facilitate trade with the West. However, Lee also mandated bilingualism in schools for students to preserve their mother-tongue cultural identity. Lee's rule was criticised, particularly in the West, for curtailing civil liberties (public protests, media control) and bringing libel suits against political opponents. He argued that such disciplinary measures were necessary for political stability, which together with rule of law, were essential for economic progress.
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In general, liberalization (or liberalisation) refers to a relaxation of previous government restrictions, usually in such areas of social, political and economic policy.
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This is a list of the world's sovereign states and their dependent territories by area, ranked by its total area.
This is a list of countries and dependent territories by population with inclusion within the list being based on the ISO standard ISO 3166-1.
This is a list of countries by merchandise exports, based on the The World Factbook of the CIA.
Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
This article includes four lists of countries of the world sorted by their gross domestic product per capita at nominal values.
This article includes a list of countries in the world sorted by their gross domestic product (GDP), the value of all final goods and services produced within a state in a given year.
This article includes three lists of countries by gross domestic product (at purchasing power parity) per capita, i.e. the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.
This is a list of all the countries by the Human Development Index as included in a United Nations Development Programme's Human Development Report.
This is a list of countries by imports, based on the World Trade Organization and The World Factbook.
This is a list of countries or dependencies by income inequality metrics, including Gini coefficients.
This list of countries by Internet connection speed lists the Akamai State of the Internet Report "Average Connection Speed" (ACS) of TCP-level Internet access by end-users accessing content on the Akamai content delivery network.
This is a list of countries by smartphone penetration as measured by Google's Our Mobile Planet.
This is a list of countries and dependencies ranked by human population density and measured by the number of human inhabitants per square kilometer or square mile.
Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
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Malaysia is a federal constitutional monarchy located in Southeast Asia.
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A market economy is an economy in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
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Karl Emil Maximilian "Max" Weber (21 April 1864 – 14 June 1920) was a German sociologist, philosopher, jurist, and political economist whose ideas profoundly influenced social theory and social research.
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The May Fourth Movement was an anti-imperialist, cultural, and political movement growing out of student demonstrations in Beijing on May 4, 1919, protesting against the Chinese government's weak response to the Treaty of Versailles, especially allowing Japan to receive territories in Shandong which had been surrendered by Germany after the Siege of Tsingtao.
MINT is an acronym referring to the economies of Mexico, Indonesia, Nigeria, and Turkey.
Neoliberalism is a term whose usage and definition have changed over time.
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The category of newly industrialized country (NIC) is a socioeconomic classification applied to several countries around the world by political scientists and economists.
Nylonkong, a portmanteau or contraction of New York-London-HongKong, is a neologism coined to link New York City, London, and Hong Kong that first appeared in the magazine TIME in 2008.
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The Organisation for Economic Co-operation and Development (OECD) (Organisation de coopération et de développement économiques, OCDE) is an international economic organisation of 34 countries, founded in 1961 to stimulate economic progress and world trade.
Per capita income or average income is the measure of the amount of money that is being earned by person in a certain area, such as a city, region, or country, which is calculated by dividing the total income of a the area by its total population.
The Philippines (Pilipinas), officially known as the Republic of the Philippines (Republika ng Pilipinas), is a sovereign island country in Southeast Asia situated in the western Pacific Ocean.
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The Press Freedom Index is an annual ranking of countries compiled and published by Reporters Without Borders based upon the organization's assessment of the countries' press freedom records in the previous year.
Primary education or elementary education often in primary school or elementary school is typically the first stage of compulsory education, coming between early childhood education and secondary education.
The Protestant work ethic (or the Puritan work ethic) is a concept in theology, sociology, economics and history which emphasizes that hard work and frugality are a result of a person's salvation in the Protestant faith, particularly in Calvinism, in contrast to the focus upon religious attendance, confession, and ceremonial sacrament in the Catholic tradition.
Singapore, officially the Republic of Singapore, and often referred to as the ''Lion City'', the ''Garden City'', and the ''Red Dot'', is a leading global city-state and island country in Southeast Asia.
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South Korea, officially the Republic of Korea (lit. The Republic of Great Han; ROK), and commonly referred to as Korea, is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula.
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Taiwan (see below), officially the Republic of China (ROC) is a sovereign state in East Asia.
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Territory is a type of political administrative division, usually to areas that is under the jurisdiction of a state.
Thailand (or; ประเทศไทย), officially the Kingdom of Thailand (ราชอาณาจักรไทย), formerly known as Siam (สยาม), is a country at the centre of the Indochinese peninsula in Mainland Southeast Asia.
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The Protestant Ethic and the Spirit of Capitalism (Die protestantische Ethik und der Geist des Kapitalismus) is a book written by Max Weber, a German sociologist, economist, and politician.
The term Tiger Cub Economies collectively refers to the economies of Indonesia, Malaysia, the Philippines, and Thailand, the four dominant countries in Southeast Asia.
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign state in Europe.
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The United Nations (UN) is an intergovernmental organization to promote international co-operation.
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A welfare state is a concept of government in which the state plays a key role in the protection and promotion of the economic and social well-being of its citizens.
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The World Bank is an international financial institution that provides loans to developing countries for capital programs.
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A high-income economy is defined by the World Bank as a country with a gross national income per capita above US$12,735 in 2014, calculated using the Atlas method.
The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade.
The Asian financial crisis was a period of financial crisis that gripped much of East Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion.