tigerifikasi

Tigerification is a term used to describe the process of transforming a country or region into a tiger economy, a concept popularized by the World Bank. The term "tiger" refers to the four Asian economies—Hong Kong, Singapore, South Korea, and Taiwan—that experienced rapid economic growth in the 1960s and 1970s. The goal of tigerification is to replicate this success by fostering rapid economic growth, often through a combination of factors such as:

1. Export-oriented industrialization: Encouraging the development of industries that can compete in global markets.

2. Foreign direct investment (FDI): Attracting investment from abroad to drive economic growth.

3. Education and human capital development: Investing in education to build a skilled workforce.

4. Infrastructure development: Improving transportation, communication, and other infrastructure to support economic activities.

5. Policy reforms: Implementing economic reforms to create a more favorable business environment.

Tigerification strategies can vary depending on the specific context and priorities of the country or region. Some may focus more on industrial development, while others may prioritize services or agriculture. The success of tigerification efforts depends on various factors, including the initial economic conditions, the effectiveness of policies, and the ability to adapt to changing global economic trends.