Four Asian Tigers Activity 1. What are the four Asian tigers? The Four Asian Tigers are the highly developed economies of Singapore, South Korea, Hong Kong and Taiwan. These regions were the first newly industrialized countries. These are countries that have developed very rapidly. 2. What are the Baby tigers? The term Baby Tigers collectively refers to the economies of Malaysia, Indonesia, the Philippines, Vietnam, and Thailand, the five dominant countries in Asia. 3. How did the four Asian tigers develop? What methods were used? They have consistently maintained high levels of rapid economic growth. They had a trade surplus (meaning that they exported more than they imported.) They were able to lower labor cost. 4. List at least four different characteristics that the Four Tigers have in common: The Four Tigers all focus on exports. High level of business of with United States. Trade surplus. High Saving Rates. All the tigers modeled their development on China. The Four Tigers all focus on an educated populace. 5. In your opinion, are the methods used to develop by the Four Asian Tigers good or bad overall? In my opinion, I think that methods used were good for the country in a sense because their economy was growing very rapidly, but the methods were bad for the people because they got very low wages and weren’t paid enough for their labor.