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Which countries and regions are the four little dragons in Asia?
"Four Little Dragons in Asia" means that since 1960s, China, Hongkong, China, Taiwan Province Province, China, Singapore and South Korea in Asia have pursued export-oriented strategies, focused on developing labor-intensive processing industries, and achieved rapid economic development in a short time, becoming developed and wealthy regions in Asia.
198 The Asian financial crisis broke out and many countries fell into recession. These four successfully developed economies are located in East Asia and Southeast Asia, and their extremely successful economic development process and experience enable them to ride out the crisis safely, which is a typical example of development economics research. They took advantage of the transfer of labor-intensive industries from western developed countries to developing countries, attracted a lot of foreign capital and technology, and quickly embarked on the road of development, becoming one of the economic locomotives in East and Southeast Asia. The international community generally regards the Asian Four Little Dragons as developed countries and regions.
The Four Little Dragons of Asia are called "Four Little Dragons of Asia" in English, and the other "Young Tiger Economy" refers to four emerging countries in Asia, namely Thailand, Malaysia, the Philippines and Indonesia. Their economies have developed as rapidly as the Four Little Dragons of Asia in the 1980s, hence the name.
The English translation of "Four Little Dragons of Asia" is "Newly Industrial Economics", or "NIE" for short, that is, "emerging industrial economies". Especially in academic journals and books, it is generally translated into NIE, with little literal translation.
From North to South: Korea, Taiwan Province Province, Hongkong and Singapore.
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