View source for Finance:Tiger Cub Economies

[[File:Novos Tigres Asiáticos.png|270px|right|thumb|The Tiger Cub Economies (yellow) consist of five countries, Indonesia, Malaysia, Philippines, Thailand, Vietnam. Also shown are the original tigers (in red).]]
'''Tiger Cub Economies''' collectively refer to the economies of the developing countries of Indonesia, Malaysia, the Philippines, Thailand and Vietnam,<ref>PAUTASSO, D.; CARDOSO, A. K.. [http://www2.espm.br/sites/default/files/pagina/alessandra_kich_cardoso_-_ii_semic_2013_0.pdf A Nova Ordem Energética Internacional]. São Paulo: Escola Superior de Propaganda e Marketing/II	Seminário de Iniciação Científica da ESPM – São Paulo: 2013</ref> the five dominant countries in [[Place:Southeast Asia|Southeast Asia]].<ref>{{cite web | url=http://www.asiamarketresearch.com/asia/ | title=Asian Marketing, Market Research and Economic Capsule Review | publisher=Asia Market Research | date=16 June 2002 | accessdate=20 February 2013 | author=Rod Davies}}</ref><ref>HOMLONG, Nathalie; SPRINGLER, Elisabeth. Business-Handbuch Vietnam: Das Vietnamgeschäft erfolgreich managen: Kulturverständnis, Mitarbeiterführung, Recht und Finanzierung. Wiesbaden: Springer Gabler, 2013.</ref>

==Overview==
Tiger Cub Economies are so named because they attempt to follow the same export-driven model of [[Engineering:Technology|technology]] and [[Finance:Economic development|economic development]] already achieved by the rich, high-tech, industrialized, and [[Finance:Developed country|developed countries]] of {{wipe|South Korea}} and Taiwan, along with the wealthy financial centers of [[Place:Hong Kong|Hong Kong]] and [[Place:Singapore|Singapore]], which are all collectively referred to as the Four Asian Tigers.<ref>https://www.economist.com/business/2018/04/05/tsmc-is-about-to-become-the-worlds-most-advanced-chipmaker</ref><ref>https://www.bloomberg.com/news/articles/2018-11-28/intel-s-chipmaking-throne-is-challenged-by-a-taiwanese-upstart</ref><ref>https://in.pcmag.com/chipsets-processors/120341/tsmc-set-to-beat-intel-to-become-the-worlds-most-advanced-chipmaker</ref><ref>https://www.mirror.co.uk/news/world-news/taiwanese-navy-accidentally-fires-nuclear-8730387</ref> Young [[Biology:Tiger|tiger]]s are referred to as "cubs", the implication being that the five newly industrialized countries<ref>{{cite web | url=http://go.worldbank.org/82HTMNT960 | title=The East Asian Miracle Economic Growth and Public Policy | publisher=[[Organization:World Bank|World Bank]] | date=30 September 1993 | accessdate=20 February 2013}}</ref> who make up the Tiger Cub Economies are rising Tigers. In fact, four countries are included in [[Company:HSBC|HSBC]]'s list of top 50 economies in 2050,<ref>{{cite web | url=http://business.blogs.cnn.com/2012/01/12/worlds-top-economies-in-2050-will-be/ | title=World’s top economies in 2050 will be... | publisher=CNN | date=12 January 2012 | accessdate=20 February 2013 | author=Kevin Voigt}}</ref> while Indonesia, Vietnam and the Philippines are included in [[Company:Goldman Sachs|Goldman Sachs]]'s Next Eleven list of high potential economies because of their rapid growth and large population.

Overseas Chinese entrepreneurs played a major prominent role in the development of the region's private sectors. These businesses are part of the larger bamboo network, a network of overseas Chinese businesses operating in the markets of developing countries like Malaysia, Indonesia, Thailand, Vietnam, and the Philippines that share common family and cultural ties.<ref name="Weidenbaum">{{cite book|author=Murray L Weidenbaum|title=The Bamboo Network: How Expatriate Chinese Entrepreneurs are Creating a New Economic Superpower in Asia|url=https://books.google.com/books?id=pcRlgZttsMUC|date=1 January 1996|publisher=Martin Kessler Books, Free Press|isbn=978-0-684-82289-1|pages=4–8}}</ref> China's transformation into a major economic power in the 21st century has led to increasing investments in Southeast Asian countries where the bamboo network is present.<ref name=FT>{{cite news|last=Quinlan|first=Joe|title=Insight: China’s capital targets Asia’s bamboo network|url=http://www.ft.com/cms/s/0/67554d8a-920f-11dc-8981-0000779fd2ac.html|newspaper=Financial Times|date=November 13, 2007}}</ref>

== Economies of Southeast Asia ==

=== Developing economies of the Tiger Cubs ===
*{{flagicon|Indonesia}} Economy of Indonesia
*{{flagicon|Malaysia}} Economy of Malaysia
*{{flagicon|Philippines}} Economy of the Philippines
*{{flagicon|Thailand}} Economy of Thailand
*{{flagicon|Vietnam}} Economy of Vietnam

=== Developed economies of the Four Asian Tigers ===
*{{flagicon|Singapore}} Economy of Singapore
*{{flagicon|Hong Kong}} Economy of Hong Kong
*{{flagicon|South Korea}} Economy of South Korea
*{{flagicon|Taiwan}} Economy of Taiwan

== See also ==
*[[Finance:Flying geese paradigm|Flying geese paradigm]]
*Lee Kuan Yew
*Japanese economic miracle
*Miracle on the Han River
*Taiwan Miracle
*Four Asian Tigers

== References ==
{{Reflist}}

[[Category:Modern economic history]]

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