Historical Background
This country is currently the world’s second-largest economy by nominal GDP and the largest by purchasing power parity (PPP), driven by state-led investments and export-oriented policies.
China
what economic ideology combines market liberalization with state intervention to ensure national competition?
Neo-Liberalism
US and this country see each other as economic and strategic partners
South Korea
China doesn't recognize this countries independence
Taiwan
Rapid industrial growth in countries like China and India has led to this environmental issue, which impacts public health and raises concerns about balancing economic growth with environmental sustainability.
Air Pollution
In the post-WWII era, the economies of Germany, Japan, and the East Asian Tigers benefited from this crucial factor, enabling massive industrialization
State Intervention
Neo-Liberalism is known to have widened this socioeconomic divide.
gap between the rich and poor
Foreign investors are naturally driven to this country
Singapore
Growing tension between this country and North Korea
South Korea
What is a demographic crisis?
low birthrates in countries like South Korea, Singapore, and Hong Kong are creating this demographic challenge, leading to an aging population and smaller workforce.
This country, while still a major economic power, faces challenges such as a declining population and the need for economic reforms to sustain growth.
Japan
This process connects countries to major markets worldwide, allowing for unified what?
Supply chains
this country manufactures the most semiconductors and microchips
Taiwan
Friction arising in this country between US and China
What is income inequality?
It is social issues arising from economic growth that concentrates wealth in urban areas, leaving rural regions with fewer resources and creating disparities in education, healthcare, and jobs
These four East Asian countries are known as the "Four Asian Tigers" due to their rapid economic growth and industrialization after World War II.
South Korea, Singapore, Taiwan, and Hong Kong
Capitalism focuses on market-driven growth. This approach has played a central role in which phenomenon?
rapid industrialization
This country leads global financial and business center
Hong Kong
Foreign interfere in this country
Singapore
What is happening in Southeast Asia and the Middle East?
Rapid industrialization has led to labor exploitation, especially for migrant workers in Southeast Asia and the Middle East who are facing challenging conditions and limited rights.
The term "Tiger Cub Economies" refers to these Southeast Asian nations, which are following in the footsteps of the original Asian Tigers.
Malaysia, Thailand, the Philippines, Indonesia, and Vietnam
Rapid industrialization has been essential for growth in countries following this economic system.
Capitalism
Krelatively low business constraints within this country
Singapore again
The relationship between Taiwan and this country is a key issue in international diplomacy
China
What is the US-China Trade War?
The US- China Trade war is an economic conflict between two global superpowers has resulted in tariffs, trade barriers, and technology restrictions, affecting global supply chains and other Asian economies.