Tiger Economy

AAA

DEFINITION of 'Tiger Economy'

A nickname given to the economies of Southeast Asia. Some of the tigers are Indonesia, Singapore, Malaysia, Thailand, South Korea and China.

INVESTOPEDIA EXPLAINS 'Tiger Economy'

With the injection of large amounts of foreign investment capital, these economies grew substantially between the late 1980s and early- to mid-1990s. They then experienced a financial crisis in 1997 and 1998. Some of the reasons for this period of financial turmoil included huge debt-servicing expenses and an inequitable distribution of wealth, as most of the wealth remained in the control of an elite few. Since the late 1990s, these economies have recovered fairly well and are likely to become more active participants in the global market.

RELATED TERMS
  1. Nordic Tiger

    A colloquial term for the Scandinavian nation of Iceland. Prior ...
  2. Anatolian Tigers

    A colloquial term that refers to a number of cities in central ...
  3. Gulf Tiger

    A colloquial term for the glittering city and emirate of Dubai ...
  4. Tiger Cub Economies

    The four Southeast Asian economies of Indonesia, Malaysia, the ...
  5. Globalization

    The tendency of investment funds and businesses to move beyond ...
  6. Emerging Market Economy

    A nation's economy that is progressing toward becoming advanced, ...
Related Articles
  1. Introduction To Asian Financial Markets
    Economics

    Introduction To Asian Financial Markets

  2. What Is International Trade?
    Personal Finance

    What Is International Trade?

  3. Dragons, Samurai Warriors And Sushi ...
    Bonds & Fixed Income

    Dragons, Samurai Warriors And Sushi ...

  4. What Is An Emerging Market Economy?
    Economics

    What Is An Emerging Market Economy?

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center