Eight High Performing Asian Economies: The Four Tigers Essay

Eight High Performing Asian Economies: The Four Tigers Essay

Length: 756 words (2.2 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Eight high performing Asian economies (HPAEs)-Japan; the "four tigers": Hong Kong, the Republic of Korea, Singapore, and Taiwan; and the three newly industrializing economies (NIEs) of South- east Asia, Indonesia, Malaysia, and Thailand have achieved tremendous economics growth in the last forty years of development, because of east asia has a remarkable record of high and sustainable economic growth between 1965 to 1990 its 23 economies grew faster than those of all other region. This achievement is attributable to seemingly miraculous growth in.

Hong Kong is a small region of china ,whose area is 1,045km2 and it manage to increase the grown rate up to 6 percent per capita , while 1961 to 1966 , The freedom of the Hong Kong has successful rated the world’s freest economy. The nature of the products and market served by Hong Kong manufacturer. Therefore Hong Kong becomes a major commercial center in Asia.

The main factor of Hong Kong became a success story is inextricably linked up with china, particularly Hong Kong’s getaway functions to China for financial services and capital and know how manufacturing, have driven information industry expansion. Two tiered information industry in Hong Kong reflectec Hong Kong from a centre relatively labor intensive consumer good manufacture to high tech trading and Services. First, an declining electronics manufacturing base that is redeploying physical asset, investment, capital and managerial skill to the provinces china. Second , a booming information services market led by bank , trading house, and insurance companies which involved in getaway transaction transaction to china and other international deal making. From 1982 to 1992 , the manufacturing as a share of gross domestic prod...

... middle of paper ...

...istics management. Many companies that do have satellite operation have located them in southern China and therefore do not rely on advance infrastructure to communicate with those facilities. Second, Hong Kong ‘s manufactory industry is dominated by small and medium sized companies that lack the resources to develop value - added services.Third, the government is laissez -faire , but its support is needed to develop advanced physical infrastructure and value-added services, particularly where industries are dominated by small companies , intial costs are high or return supplier and operator are too low to attract them.

Nevertheless , there is a growing awareness that for Hong Kong to say competitive, as a manufacturer and as a regional centre for manufacturing industries, improvement in advanced infrastructure , particularly in value -added services are needed.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay on Impact Of Global Growth On The Emerging Economies

- Global GDP growth has been painstakingly unsteady than anticipated over the past few years. Shortcomings in the emerging economies have more than extensively contributed to this, where growth has slowed more significantly than anticipated; “annual emerging economy growth since 2012 has been, on average, ¾ of a percentage point lower than forecasts made the previous year by International Monetary Fund (IMF).” Promising world growth prospects have debilitated since the August inflation report. Global equity prices took a plunge for the worse suggesting an overall greater supply than demand....   [tags: Economic growth, Economics, Gross domestic product]

Better Essays
946 words (2.7 pages)

Performance Management At High Performing Organizations Essay

- ... Successful training relies on thorough planning and successful execution. Training employees on performance management process requires understanding and alignment of the organization’s objectives, analysis of the people and current processes, systematic design and development of the training and strategic implementation. There are many benefits to having performing management system in an organization such as alignment of company’s mission and goals and achieving it through all employees contribution....   [tags: Management, Strategic management, Organization]

Better Essays
716 words (2 pages)

Essay on Economies of Scale

- Introduction The conditions proposed by the financial crisis and international markets have ended up affecting the practice of economies and shared frames of reference on the nature of the problems. A minor phenomenon in Bangladesh can have substantial impacts in New York or London. The scale and size categories have become central to the analysis of what is happening. Institutional sizes are related to risk externalities [Makridakis / Taleb, 2009]. The work produced [Haug, 2007; May, 2008] offer an explanation of the consequences to take extreme risks in economies (extreme risk)....   [tags: Economics ]

Better Essays
2135 words (6.1 pages)

Essay about Technological Effects on Performing Arts

- Before the Internet, movies, bipods, and CDs, entertainment was provided merely from live performing arts such as theatre, ballets, operas, and even concerts. Formerly, the theatre was one of the few leisure activities for many people. Dating back to the ancient Greeks, performing arts, specifically theatre arts, was very popular way indulge in entertainment. Unfortunately now, technology is taking away what used to be the dominant sector of performing arts. With advancements in technology evolving every day, the arts have endured a struggle for an audience that they used to have....   [tags: Performing Arts]

Better Essays
1174 words (3.4 pages)

High Gpa Does Not Equal High Performing Employees Essay examples

- Studies indicate high GPA does not equal high performing employees. The hiring guidelines set forth by our company years ago are beginning to impact our candidate pool in the current job market. The guidelines were determined in order to attract a particular caliber of employee. An unintended effect of these guidelines is, our company is missing out on qualified talent. These missed opportunities are impeding our ability to have a well-rounded population of talented employees. The hypothesis, which drives this research, is that high GPA correlates with good performing employees....   [tags: Employment, Interpersonal relationship]

Better Essays
1531 words (4.4 pages)

Essay about High School Is The Greatest Four Years Of Your Life

- ... This taught me that if someone works hard enough on their skills, they can too be seen as a leader. All it takes is a little bit of extra effort. Being a leader is about being able to teach others and setting a good example. As a college students, being a leader is the little push that you need to get things done. As a person, being a leader gives you confidence to step out of your normal comfort zone. Benjamin Franklin once said, “Don’t put off until tomorrow what you can do today.” His wise words have inspired me personally to push through procrastination....   [tags: Education, High school, Learning]

Better Essays
730 words (2.1 pages)

Economies of Scale Essay

- Economies of Scale Economics Test 1. Define and explain all Internal Economies of Scale: · Internal Economies of Scale:Are reductions in long-run average cost as the size and output of a firm increases. In other words, they are advantages that large firms have because they are large. As they grow larger in the long-run they manage to raise their output faster than the rise in their total costs. The result is lower long-run average cost. - Marketing economies- Both in buying materials and selling its finished goods a large firm is n a better position than a smaller one....   [tags: Economics Economy Essays]

Better Essays
1649 words (4.7 pages)

Essay on Economics in Asia

- Since the mid 1960s, Pacific Asia has had a remarkable rate of economic growth. This growth has been sustainable and faster than all other regions of the world (see fig. 1). This region consists of twenty-three economies but it was just eight who caused most of this amazing growth. The eight were Hong Kong, the Republic of Korea, Singapore, Taiwan, China, (the “Four Tigers”) Japan and the newly industrialised economies (NIEs) of south-east Asia, Indonesia, Malaysia, and Thailand. The eight high performing Asian economies (HPAEs) mentioned here will be the focus of this essay....   [tags: Pacific Asia Economics]

Free Essays
1124 words (3.2 pages)

High Performing Teams Essay examples

- High Performing Teams Introduction The article I chose to review gives an overview of how IBM was able to create high performing teams that managed projects that produced results well beyond what was expected. The process to accomplish these incredible results was applied to 20 engineering projects at IBM. These incredible results are described as breakthroughs. Breakthroughs which originated in the mid-1980’s produced outstanding results for IBM as well as many other companies. The breakthrough methodology will be explained as well as what results IBM and other professionals can expect when it is used with high performing teams (Scherr, 2005)....   [tags: Business Team Work Management]

Free Essays
1741 words (5 pages)

Western European Car Industries & Economies of Scale Essay

- Western European Car Industries & Economies of Scale There are a lot of factors that determines whether or not a company will be successful. These factors are usually derived from economics. One factor that I plan to focus on is scale economies or better known as economies of scale. Firms that have expanded their scale of operations to obtain economies of mass production have survived and flourished. Whereas smaller firms who have not been able to expand have usually ended up as high-cost producers....   [tags: Business Economics Car Industry]

Free Essays
983 words (2.8 pages)