Tiger economy

Tiger economy

A tiger economy is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living. The term was initially used for Japan, South Korea, Singapore, Hong Kong, and Taiwan (the East Asian Tigers or Four Little Tigers), and in the 1990s it was applied to the Republic of Ireland (the "Celtic Tiger"). Later on Dubai, Slovakia and the Baltic countries developed a tiger economy as well.


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References


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  • tiger economy — UK / US noun [countable] Word forms tiger economy : singular tiger economy plural tiger economies economics the very successful economy of one of the smaller Asian countries such as South Korea or Singapore …   English dictionary

  • tiger economy — /ˈtaɪgər əkɒnəmi/ (say tuyguhr uhkonuhmee) noun a country undergoing rapid economic growth, originally especially one of the burgeoning economies of the Asian region which developed rapidly in the 1980s and 1990s: *a $A25.7 billion international… …  

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