Asian Tigers

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Who?

  • Taiwan 
  • Hong Kong 
  • Singapore 
  • South Korea

When? 

  • Began in 1970's
  • fully developed by 2000

How?

Approached industrialisation with an export driven model as a pose to the generc import subsitution method popular in the 1960's.

  • Invested heavily as education to improve productivity of labour force
  • Governments encouraged managers to provide job security.
  • Protecting agriculture with subsidies and import tarrifs on non- essential goods. Small and medium farms had land reform, encouraging farmers to invest and mechanise farming, preventing rural disconnect. 

Why?

  • All had great…

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