Tuesday 30 July 2013

ASIAN TIGERS TIGER CUB



The ASIAN TIGERS OR ASIAN DRAGONS is a term used in reference to the highly developed economies of HONG KONG, SINGAPORE, SOUTH KOREA, AND TAIWAN.

The term TIGER CUB ECONOMIES collectively refers to the economies of INDONESIA, MALAYSIA, THE PHILIPPINES, AND THAILAND, the four dominant countries in SOUTH EAST ASIA.

The Gulf Tiger or Arab Gulf Tiger is a nickname used to describe the period of rapid economic growth in the city of Dubai. The boom that Dubai has been experiencing since the 1990s is still going on, transforming the city from a desert village to a world class economic hub.

BALTIC TIGER is a term used to refer to any of the THREE BALTIC STATES OF ESTONIA, LATVIA, AND LITHUANIA during their periods of economic boom, which started after the year 2000 and continued until 2006–2007. The term is modeled on Four ASIAN TIGERS AND CELTIC TIGER, WHICH WERE USED TO DESCRIBE THE ECONOMIC BOOM PERIODS IN PARTS OF EAST ASIA AND IRELAND, RESPECTIVELY.

TIMBI is an acronym for five countries projected to be leading EMERGING ECONOMIES, TURKEY, INDIA, MEXICO, BRAZIL, AND INDONESIA, IN THE NEXT HALF CENTURY. ALL FIVE COUNTRIES HAVE RELATIVELY LARGE POPULATIONS, POSITIVE POPULATION GROWTH RATES, AND ARE DEMOCRACIES.

MIKT (also known as MIST) is a neologism referring to the economies of MEXICO, INDONESIA, SOUTH KOREA, AND TURKEY. These countries also belong to Next Eleven countries.
MIKT was coined by JIM O'NEILL OF GOLDMAN SACHS, who is also the creator of the term BRIC

CELTIC TIGER (IRISH: AN TÍOGAR CEILTEACH REFERS TO THE ECONOMY OF THE REPUBLIC OF IRELAND BETWEEN 1995 AND 2008, a period of rapid economic growth. The Irish economy expanded at an average rate of 9.4% between 1995 and 2000 and continued to grow at an average rate of 5.9% during the following decade until 2008, when it fell into recession. The expansion underwent a dramatic reversal from 2008,[13] with GDP contracting by 14%[14] and unemployment levels rising to 14% by 2011.


According to Goldman Sachs review of emerging economies, by 2050 the largest economies in the world will be as follows: China, USA, India, Brazil, and Mexico

MEXICO        BRAZIL              CHINA           INDIA
MALAYSIA   PHILIPPINES    THAILAND    TURKEY       
SOUTH AFRICA

Brazil, China, India, Mexico and South Africa meet annually with the G8 countries to discuss financial topics and climate change, due to their economic importance in today's global market and environmental impact, in a group known as G8+5.[13] This group is expected to expand to G14 by adding Egypt alongside the five forementioned countries.[

"TATRA TIGER" is a nickname that refers to the ECONOMY OF SLOVAKIA in period 2002 - 2007[1] and after 2010[2] following the ASCENDANCE OF A RIGHT-WING COALITION IN September 2002 which engaged in a program of liberal economic reforms. The name "Tatra Tiger" derives from the local TATRA MOUNTAIN RANGE.

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