51³Ô¹Ï

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tiger economy

[ tahy-ger i-kon-uh-mee ]

noun

  1. an economy that maintains a high growth rate, originally referring to the relatively small economies of South Korea, Singapore, Hong Kong, and Taiwan in East Asia.


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51³Ô¹Ï History and Origins

Origin of tiger economy1

So called from the importance of the tiger in Asian symbolism
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Example Sentences

Examples have not been reviewed.

Indonesia, once touted as an “Asian Tiger’’ economy, endured Depression-level deprivation in the late 1990s that led to riots and political unrest and swept away a strongman who had held power for three decades.

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Indonesia, once touted as an “Asian Tiger’’ economy, endured Depression-level deprivation in the late 1990s that led to riots and political unrest and swept away a strong man who’d held power for three decades.

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“Riverdance†first premiered on the 1994 Eurovision Song Contest as a seven-minute segment and opened at Dublin’s Point Theatre on Feb. 9, 1995, at a time of renewed Irish optimism and pride surrounding the onset of the booming “Celtic Tiger†economy.

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However, that was commuted by the Seoul High Court in recognition of Chun's role in the fast-paced economic development of the Asian "Tiger" economy and the peaceful transfer of the presidency to Roh in 1988.

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But the model that has fueled the so-called Celtic Tiger economy for decades is in peril, as a coalition of 130 nations works to overhaul a global tax system that Ireland depends on to lure businesses looking to reduce the taxes they pay.

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