Four Asian Tigers

The Four Asian Tigers, Four Asian Dragons or Four Little Dragons, (in Chinese and Korean, only the "dragon" terms are used), are the economies of Hong Kong, Singapore, South Korea and Taiwan, which underwent rapid industrialization and maintained exceptionally high growth rates (in excess of 7 percent a year) between the early 1960s (mid-1950s for Hong Kong) and 1990s. By the early 21st century, all four had developed into high-income economies (developed countries), specializing in areas of competitive advantage. Hong Kong and Singapore have become world-leading international financial centres, whereas South Korea and Taiwan are world leaders in manufacturing electroniccomponents and devices. Their economic success stories have served as role models for many developing countries, especially the Tiger Cub Economies of southeast Asia.
Gross domestic product (GDP)Edit
In 2018, the combined economy of the Four Asian Tigers constituted 3.46% of the world's economy with a total Gross Domestic Product (GDP) of 2,932 billion US dollars. The GDP in Hong Kong, Singapore, South Korea and Taiwan was worth 363.03 billion, 361.1 billion, 1,619.42 billion and 589.39 billion US dollars respectively in 2018, which represented 0.428%, 0.426%, 1.911% and 0.696% of the world economy. Together, their combined economy surpassed the United Kingdom's GDP of 3.34% of the world's economy some time in the mid 2010s.

Skylines of the Four Tigers

Taipei, Taiwan

Hong Kong

Singapore

Seoul, South Korea

Education and technology

These four countries inveThese four countries invested heavily in their infrastructure as well as in developing the intellectual abilities of their human talent, fostering and retaining their educated population to help further develop and improve their respective countries. This policy turned out to be so effective that by the late 20th century, all four countries had developed into advanced and high-income industrializeddeveloped countries, developing many different areas of advanced technology that give them a tremendous competitive advantage in the world. For example, all four countries have become top level global education centers with Singapore, Taiwan, South Korea and Hong Kong high school students consistently outperforming all other countries in the world and achieving the highest top scores on international math and science exams such as the PISA exam and with Taiwan students winning multiple gold medals every year consistently at the International Biology Olympiad, International Linguistics Olympiad,International Physics Olympiad, International Earth Science Olympiad, International Mathematical Olympiad and International .