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The original Asian Tigers included Thailand, Malaysia, and the Philippines when they boomed in the 90s. After the '98 crises, though, none of them were able to
by cheriot 10y ago
The original Asian Tigers included Thailand, Malaysia, and the Philippines when they boomed in the 90s. After the '98 crises, though, none of them were able to get back on track.
There's good and bad ways to feed a boom in the short term. I hope Vietnam figures it out. I was there for a month earlier this year and it's a fantastic place.
- cageface 10y agoVietnam has its ups and downs like every country but I can't think of anywhere else I'd rather live right now. Every day feels like an adventure.
- simonebrunozzi 10y agoSingapore was an Asian Tiger, too - and it did very well. You should have included it in your list.
- tacostakohashi 10y agoNot just Singapore, but the other three too. The conventional list of Asian tigers is Hong Kong, Singapore, South Korea, and Taiwan. https://en.wikipedia.org/wiki/Four_Asian_Tigers https://en.wikipedia.org/wiki/Four_Asian_Tigers Thailand, Malaysia, and the Philippines aren't in the same league.
- cheriot 10y agoYou're right. I specifically excluded Singapore and Hong Kong because the book I mentioned does. Something about development paths that would be hard to reproduce. Like you said, though, Singapore has succeeded where many have failed so it's interesting for sure.
- ddeck 10y ago>none of them were able to get back on track Not sure what qualifies as back on track, but all of those economies have been growing strongly since the crisis. Average annual GDP growth from 1999-2015: [1] - Malaysia: 5.2% - Thailand: 4.1% - Philippines: 5.0% [1] http://data.worldbank.org/ http://data.worldbank.org/