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Question no. 20936

Which of the following is NOT considered an Asian tiger or newly industrializing economy ?

Select your answer for: Which of the following is NOT considered an Asian tiger or newly industrializing economy ?
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Answer: B. China

Explanation

China is classified as a developing nation and global manufacturing superpower. Traditional Asian tiger economies comprise Hong Kong, Singapore, South Korea, Taiwan. China underwent different developmental phases compared to the East Asian tigers. The Asian tigers achieved rapid industrialization and high growth rates since 1960. Export-oriented industrialization characterized the economic strategy of the tiger economies. China's economic reforms began later in the late twentieth century.

Development economics studies the distinct growth trajectories of East Asian nations. Comparative analyses highlight differences between tiger economies and continental giants. Global trade patterns reflect the massive manufacturing footprint of the Chinese economy. South Korea is a founding member of the traditional Asian tiger economies. Taiwan successfully industrialized alongside other regional tiger economic powerhouses. Singapore represents one of the original high-growth East Asian tiger economies.

Subject
Economics
Category
Economics
Topic
—
Difficulty
medium

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