The Four Asian Tigers refer to emerging developed countries, and Japan is an established developed country, so Japan does not belong to the Four Asian Tigers.
The economic development models of the Four Asian Tigers are basically the same, but different from Japan. The Four Asian Tigers all started by taking over the backward production capacity of developed countries, while Japan after World War II directly obtained the technology patents that the United States had just phased out, so the development model is different.
The Four Asian Tigers do not use per capita income as a standard, but refer to the implementation of an export-oriented strategy starting from the 1960s, focusing on the development of labor-intensive processing industries, and achieving economic growth in a short period of time. took off and became the most developed and wealthy region in Asia. These regions only include Hong Kong, Taiwan, Singapore and South Korea in Asia, so they are called the Four Asian Tigers.
Characteristics of economic development:
1. Rapid growth. Since the 1960s, the average annual GDP growth rate has been close to or exceeding 10%.
2. Exports are expanding rapidly. Taiwan's total export value in 1970 was 9 times that of 1960, and in 1980 it was 13 times that of 1970; South Korea's total export value in 1980 was 534 times that of 1960; Singapore's total export value in 1980 was more than 20 times that of 1965.
3. The economic structure has undergone major changes. The proportion of South Korea's agriculture in the national economy dropped from 47.4% in 1961 to 15% in 1985, and the proportion of industry and mining increased from 16.5% to 33.4%; in Taiwan, the proportion of agriculture fell from 35.7% in 1952 to 12.1% in 1978, and the proportion of industry It rose from 17.9% to 40.3%. Hong Kong and Singapore have also transformed from entrepots into industrial cities.
4. The per capita national income level has increased rapidly.
5. Unemployment has been reduced and income distribution has been relatively even. In the 1980s, the unemployment rate in these countries and regions dropped below 4%, and income distribution was average compared with the United States, Japan and other countries.