Tiger Cub Economies

The Tiger Cub Economies are so named because they attempt to follow the same export-driven model of technology and economic development already achieved by the rich, high-tech, industrialized, and developed countries of South Korea, Singapore, and Taiwan, along with the wealthy financial center of Hong Kong, which are all collectively referred to as the Four Asian Tigers.^[4][5][6][7] Young tigers are referred to as "cubs", the implication being that the five newly industrialized countries^[8] who make up the Tiger Cub Economies are rising Tigers. In fact, four countries are included in HSBC's list of top 50 economies in 2050,^[9] while Indonesia, Vietnam and the Philippines are included in Goldman Sachs's Next Eleven list of high potential economies because of their rapid growth^[quantify] and large population.

Overseas Chinese entrepreneurs played a major prominent role in the development of the region's private sectors. These businesses are part of the larger bamboo network, a network of overseas Chinese businesses operating in the markets of developing countries like Malaysia, Indonesia, Thailand, and the Philippines that share common family and cultural ties.^[10] China's transformation into a major economic power in the 21st century has led to increasing investments in Southeast Asian countries where the bamboo network is present.^[11]

GDP and GDP per capita data are according to the International Monetary Fund's October 2023 data.^[12]

Developing economies of the Tiger Cubs

• Economy of Indonesia
• Economy of Malaysia
• Economy of the Philippines
• Economy of Thailand
• Economy of Vietnam

Developed economies of the Four Asian Tigers

• Economy of Singapore
• Economy of Hong Kong
• Economy of South Korea
• Economy of Taiwan