Asian Time Zone – Page 32

Malaysia, Thailand and Indonesia are called the New Asian Tigers. The concept is used in economics and geopolitics to designate the bloc’s behavior with respect to administrative and political behavior similar to that of the Asian Tigers, formed by South Korea, Taiwan, Singapore and Hong Kong.

The New Asian Tigers, like the Asian Tigers, adopted from the 1980’s an exporting stance, ensuring the supply of Europe, North America and Asia. The result was high growth rates and increased social guarantees of the population.

The economic dynamics of the New Asian Tigers are marked by aggressiveness, with restrictions on imports and competition with emerging countries.

In the 1990’s, countries collapsed economically, but maintained their export posture and thus achieved recovery. The improvement in economic indices was accompanied by investment in human capital, rising wages and the creation of universities.

Asian Country Overview by Nation

Not among the top nations by area, countries of Asian Tigers have the following features:

Aggressiveness in trade relations
Import Restriction
Salary increase
Human capital investment
Competitiveness with emerging countries

Check the following to see details for each of these new Asian Tigers countries:

Indonesia – Southeast Asia

Indonesia is a country in Asia. The capital of the country is Jakarta. Around 261 million Indonesians live in Indonesia, including people of other nationalities. The official language is Indonesian (Bahasa Indonesia). Indonesia covers an area of around 2 million km² and is about six times the size of Poland. The highest mountain in Indonesia is the Carstensz pyramid at 4,884 meters. Neighboring countries are Malaysia, Papua New Guinea and East Timor.

Indonesian National Day Hari Proklamasi Kemerdekaan RI is August 17th (Independence Day from Japan and Declaration of Independence from the Netherlands in 1945).

Malaysia – Southeast Asia

Malaysia is a country in Asia. The capital of the country is Kuala Lumpur. About 31 million Malaysians live in Malaysia, including residents of other nationalities. The official language is Malay (Bahasa Malaysia). Malaysia covers an area of around 330,000 km² and is about eight times the size of Switzerland. The highest mountain in Malaysia is the Kinabalu with 4,101 meters. Neighboring countries are Indonesia, Thailand and Brunei Darussalam.

Laos – Southeast Asia

Laos is a country in Asia. The capital of the country is Vientiane. About 6.8 million Laotians, Laotians and residents of other nationalities live in Laos. The official language is Lao. Laos covers an area of around 237,000 km² and is about eight times the size of Belgium. Neighboring countries are China, Vietnam, Thailand, Myanmar and Cambodia.

Mongolia – East Asia

Mongolia is a state in Asia. The capital of the country is Ulan Bator. About 3.0 million Mongolians, Mongolians and residents of other nationalities live in Mongolia, making Mongolia one of the most sparsely populated regions in the world. The official language is Mongolian. Mongolia covers an area of around 2 million km² and is about five times the size of Poland. Neighboring countries are China and the Russian Federation.

Myanmar – Southeast Asia

Myanmar, Burma, Burma, is a state in Asia. The capital is Nay Pyi Taw. About 53 million Myanmar people and residents of other nationalities live in Myanmar. The official language is Myanmar. Myanmar covers an area of around 677,000 km² and is about eight times the size of the Republic of Austria. The highest mountain in Myanmar is the Hkakabo Razi at 5,881 meters. Neighboring countries are China, India, Bangladesh, Thailand and Laos.

Nepal – South Asia

Nepal is a parliamentary republic. The capital of the country is Kathmandu. Approximately 29 million Nepalese people, Nepalese people of other nationalities, live in Nepal. The official language is Nepalese. Nepal covers an area of around 147,000 km². The highest mountain in Nepal is Mount Everest with 8,848 meters. Neighboring countries are China and India.

Cambodia – Southeast Asia

Cambodia is a country in Asia. The capital of the country is Phnom Penh. Around 16 million Cambodians and Cambodians of other nationalities live in Cambodia. The official language is Khmer. Cambodia covers an area of around 181,000 km² and is therefore around twice the size of the Republic of Austria. Neighboring countries are Vietnam, Thailand and Laos.

The national holiday of Cambodia is November 9th (independence day from France in 1953).

What Are Asian Tigers?

The name Asian Tigers was coined in 1980 to define the domestic and international behavior of South Korea, Taiwan, Singapore and Hong Kong. These countries had low growth rates and social guarantees were minimal, as in Africa.

It was the aggressive policy of producing and supplying the foreign market, like a tiger, that resulted in improvements in social relations and enrichment of markets.

Although they experienced several economic crises, the most intense in the 1990s, the Asian Tigers maintain high rates of growth, wealth accumulation and meeting the social needs of citizens.

Brand New Asian Tigers

They are classified as Brand New Asian Tigers Philippines and Vietnam. These countries, too, maintain an aggressive policy of investing in the high-tech industry to supply the domestic market, invest in the qualification of labor and guarantee access to adequate public goods for the population.

Homepage