Tiger Economy

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.

BREAKING DOWN '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. Tiger Cub Economies

    The four Southeast Asian economies of Indonesia, Malaysia, the ...
  2. Four Asian Tigers

    The high-growth economies of Hong Kong, Singapore, South Korea ...
  3. Lion economies

    A nickname given to Africa's growing economies.
  4. Asia Ex-Japan

    The region of countries located in Southeast Asia, not including ...
  5. Celtic Tiger

    A nickname for Ireland during its boom years of the late 199 ...
  6. Pacific Rim

    A geographic area surrounding the edges of the Pacific Ocean. ...
Related Articles
  1. Investing Basics

    What are the Tiger Cub Economies?

    Tiger cub economies refer to four Southeast Asian economies – Indonesia, Malaysia, the Philippines and Thailand.
  2. Economics

    Four Emerging Markets Economies Poised for Growth

    Which emerging market economies will soon make the leap to a developed economy? Here are four to watch.
  3. Fundamental Analysis

    What's Behind Thailand's GDP Rollercoaster?

    Understanding the economic composition of Thailand, a vibrant South-Asian nation.
  4. Economics

    4 Economic Challenges South Korea Faces in 2016

    Learn about the economic challenges South Korea faces in 2016. Discover the impacts of currency fluctuations, the Chinese economy and Fed rate cuts.
  5. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in South Korea (SSNLF, EWY)

    Learn more about the small yet growing number of South Korea ETFs, which track the often forgotten Asian Tiger responsible for Samsung, Kia and Hyundai.
  6. Forex Education

    North Korean Vs. South Korean Economies

    North Korea's economy is defined by its military ambitions and the humanitarian aid it receives, while South Korea is a world economic powerhouse.
  7. Retirement

    7 Reasons Why Americans Retire in Thailand

    Understand why many Americans are deciding to retire in developing countries such as Thailand. Learn about the top reasons why Americans retire in Thailand.
  8. Fundamental Analysis

    Emerging Markets: Analyzing South Korea's GDP

    South Korea's transition from a war-devastated poor country to an affluent developed nation presents a phenomenal growth story.
  9. Economics

    The Biggest Losers From China's Slowdown

    A look at how China's slowdown is impacting countries around the world.
  10. Fundamental Analysis

    Emerging Markets: Analyzing Indonesia's GDP

    We look at the GDP of Indonesia, which bore the brunt of the Asian financial crisis but weathered the 2008 financial crisis better than its peers.
RELATED FAQS
  1. Is Malaysia a developed country?

    Learn why Malaysia, as of 2015, is not considered a developed country despite having a relatively high level of industrialization. Read Answer >>
  2. What are the typical day-to-day responsibilities of a Chief Operating Officer (COO)?

    Learn how a country's debt crisis affects the world, including how currency values, inflation and output are affected on ... Read Answer >>
  3. Why have most modern nations evolved into free market economies?

    Find out why world history has been dominated by free markets since the 18th century and why that trend no longer applies ... Read Answer >>
  4. Where are the testing centers for the Series 7 examination?

    Testing centers for the Series 7 and other FINRA (Financial Industry Regulatory Authority), administered exams are located ... Read Answer >>
  5. How is an economy formed and why does it grow?

    Find out how an economy forms and why it grows, including the role that financial markets play and how productivity increases ... Read Answer >>
  6. Is South Korea a developed country?

    Understand the criteria for determining if a country is developed, and learn why South Korea ranks as a developed country ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  4. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  5. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  6. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
Trading Center