Interesting Facts and short mote on the Four Asian Tigers

In the 2018 Subnational Human Development Index (SHDI) Database, Taiwan's HDI was given as 0.880 among China's data. However, from 2019 onward, Taiwan and Hong Kong are no longer included in the SHDI Database among Chinese divisions (Hong Kong's data was calculated in the 2020 UNDP report). By contrast, the HDIs which published by the Statistical Bureau of Taiwan in its 2019 & 2020 reports were displayed as 0.911 in 2018, and 0.916 in 2019 respectively. The reason for the discrepancy is that there is no country data available for Taiwan in the UNDP database, and Taiwan is also excluded from its HDI data for China. The SHDI claimed that the data collection for Taiwan was also derived from the Taiwanese Directorate General of Budget, Accounting and Statistics; in this template, the latter source is used as primary data. Founding member of the United Nations and permanent member of the United Nations Security Council (1945–1971). The Four Asian Tigers: South Korea, Taiwan, Singapore and Hong Kong,

Jul 4, 2022 - 15:50
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The Four Asian Tigers (also known as the Four Asian Dragons or Four Little Dragons in Chinese and Korean) are the developed East Asian economies of Hong Kong, Singapore, South Korea, and Taiwan.

Between the early 1960s and 1990s, they underwent rapid industrialization and maintained exceptionally high growth rates of more than 7 per cent a year.

By the early 21st century, these economies had developed into high-income economies, specializing in areas of competitive advantage. Hong Kong and Singapore have become leading international financial centres, whereas South Korea and Taiwan are leaders in manufacturing electronic components and devices.

Large institutions have pushed to have them serve as role models for many developing countries, especially the Tiger Cub Economies of Southeast Asia. In 1993, a controversial World Bank report The East Asian Miracle credited neoliberal policies with the economic boom, including the maintenance of export-oriented policies, low taxes and minimal welfare states.

Institutional analyses found that some level of state intervention was involved. Some analysts argued that industrial policy and state intervention had a much greater influence than the World Bank report suggested.

These four countries focused on investing heavily in their infrastructure as well as education to benefit their country through skilled workers and higher-level jobs such as engineers and doctors.

The policy was generally successful and helped develop the countries into more advanced and high-income industrialized developed countries.

For example, all four countries have become global education centres with Singapore, Taiwan, South Korea and Hong Kong high school students scoring well on math and science exams such as the PISA exam and with Taiwanese students winning several medals in International Olympiads.

In relation to secondary / higher-level education, there are many prestigious colleges as in most developed countries. Notable schools include the National Taiwan University, Seoul National University, National University of Singapore, Nanyang Technological University and the University of Hong Kong, Faculty of Dentistry, which as of 2017, was ranked as one of the top dental schools in the world.

 In the 2018 Subnational Human Development Index (SHDI) Database, Taiwan's HDI was given as 0.880 among China's data. However, from 2019 onward, Taiwan and Hong Kong are no longer included in the SHDI Database among Chinese divisions (Hong Kong's data was calculated in the 2020 UNDP report).

By contrast, the HDIs which published by the Statistical Bureau of Taiwan in its 2019 & 2020 reports were displayed as 0.911 in 2018, and 0.916 in 2019 respectively. The reason for the discrepancy is that there is no country data available for Taiwan in the UNDP database, and Taiwan is also excluded from its HDI data for China.

The SHDI claimed that the data collection for Taiwan was also derived from the Taiwanese Directorate General of Budget, Accounting and Statistics; in this template, the latter source is used as primary data.  Founding member of the United Nations and permanent member of the United Nations Security Council (1945–1971).

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