Chapter 4 Chapter 4 Globalization Globalization in Asiain Asia

Paragraph 5 Japan and Paragraph 5 Japan and other tigersother tigers

The economy in South East Asia is “The economy in South East Asia is “boomingbooming”From a backward place in the economies list,

to a place in the front row. The Asian countries grow faster than other countries. They take a big jump, like a tiger.Therefor they are called tiger economies

With the opening of SEZ’s, the prosperity in these regions has been growing highly.This attracts people who want to benefit from this prosperity, causing an enormous internal migration. This is the migration from the rural to the urban areas.

Nature in Japan

1. Japan consists of a group of islands

2. All the islands are mountainous, with steep slopes

3. Japan has very few raw materials and no energy sources

4. Japan lies on dangerous fault lines,

causing earthquakes and tsunamis

The rise of Japan as an industrial economyPrior to 1970 Japan was the only economically

competitive Asian nation.1. Japan was run by a strong dictatorial

government, which started export businesses itself.The government started a low wage economy to compete with the western world. After World War 2 the economy focused on the textile industry, car industry and products with micro technology (chips)

2. Japan has a strong work ethic and a highly educated and skilled workforce.

They highly respect their parents and their boss

They feel comfortable in groups

Old tiger and tiger cubs

Japan has long been the only country with a fast economic growth.

Since 1980 4 Asian countries get rapidly industrialized. They are called the new tigers.

Because Japan was the first with fast economic growth, it is called the old tiger.

The latest group of countries with fast economic growth are the tiger cubs.

China

Patterns in China’s Economic Patterns in China’s Economic DevelopmentDevelopment

The emergence of the Chinese economy has The emergence of the Chinese economy has many similarities with the past emergence of many similarities with the past emergence of the Japan and the ‘four Asian Tigers’ Taiwan, the Japan and the ‘four Asian Tigers’ Taiwan, Hong Kong, Singapore, and the Republic of Hong Kong, Singapore, and the Republic of Korea. Korea.

Even though there are major differences in the Even though there are major differences in the economical climate for these tigers they have economical climate for these tigers they have all gone through a certain development all gone through a certain development pattern in order to sustain their growth. pattern in order to sustain their growth.

Private domestic investment, combined with Private domestic investment, combined with rapidly growing human capital, were the rapidly growing human capital, were the principal engines for growth.principal engines for growth.

Stragglers

The countries which stay behind in economic growth are the stragglers. They have little industry and depend on agriculture.

The green revolutionThe green revolution

Since the 1950’s Asian countries have a fast Since the 1950’s Asian countries have a fast growing population. They had to feed more people growing population. They had to feed more people with the same amount of food. The green with the same amount of food. The green revolution offered a solution.revolution offered a solution.

New types of rice seedsNew types of rice seedsInstead of 2 rice harvests they have 3, Instead of 2 rice harvests they have 3, so they can feed more people.so they can feed more people.

The use of fertilizers and pesticidesThe use of fertilizers and pesticidesWith fertilizers, the soil was made more fertile, With fertilizers, the soil was made more fertile, which led to more production. The use of which led to more production. The use of pesticides protected the harvest against pests.pesticides protected the harvest against pests.