Revista

The "East Asian Tigers" (NPI), who in recent
decades surprised the world for its economic
development, as well as its technological
advances, put aside the reality of agricultural
economies, becoming key parts in the
international economic scenario, as
industrialized countries.
These countries implemented economic
elements of the pioneer in the region Japan, for
their own development;
• Maximum savings and investment
• Industry directed mainly export
• Cheap labor and long hours, severe labor
discipline and few social and labor benefits,
again favoring the training of the workforce.
• Economic policy directed towards import
substitution, later becoming exporting
economies. South Korea and Taiwan also receive
strong US funding.
• In Hong Kong, (former British colony, now
owned by China); foreign investment, had a
strong control by the State.
• In Taiwan, mechanical and petrochemical
industries considered strategic belong to public
companies, controlling imports greater than
exports.
• There is a strong protectionism industry from
foreign competition and even to capital inflows
in Korea.
• In Singapore, multinationals occupy a central
place in the rest of the region.
Low wages and lack of job guarantees are great
attractions for multinational companies and
foreign investment, mainly American and
Japanese, plus the government always played a
major role; with a strong protectionism their
industries, control modernization and foreign
investment, as well as inspection and control of
strategic industries such as energy among
others. The developed industries were directed
and controlled by the state, both for the
domestic market, and the external playing a key
role, as its growth had not been substantiated by
any other sector, due to its limitation in land and
natural resources
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