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The Development of the Four Asian Tigers
SPOKANE VALLEY, Washington In the 1960s, South Korea, Singapore, Hong Kong and Taiwan were considered as part of the developing world. After World War II and the Korean War, a new world peace opened borders and allowed globalization to begin flourishing. Emerging technologies like air travel and telecommunication allowed a boom in international trade. Each of the four countries had ideal circumstances to take advantage of the new opportunity for economic growth and development. While each had unique advantages, investments in industrialization, tax incentives and quality education were all building blocks that allowed a period of extreme growth. ....

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