Wednesday, September 12, 2007

The Tiger Economies

In the next few Posts, we will take a closer look at the so-called "tiger" economies, and at the impact of the "brain drain" on these economies.

You will recall that South Korea, Singapore, Hong Kong, Taiwan and Ireland were amongst the first to be dubbed "tiger" economies! Their economic growth rates were regarded as very rapid, and they came to be seen as role models which other developing economies should emulate.

A decade or so later, other rapidly growing economies such as the Baltic States, Estonia, Latvia, and Lithuania, also came to be generally regarded as "tiger" economies.

It will be highly interesting (and fun) to see how these tigers coped with the challenges of the brain drain. Were their skills attracted to North America and to the European Union countries, and what specific steps did their Governments take in order to slow down or to reverse the brain drain?

Should you have any thoughts and/or suggestions that will help us better understand these matters, we warmly invite you to leave a "comment" or a "post" on this blog-site. And, please visit us again soon to read the results of our research!

Thanks very much.

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