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The Rise and Fall of the Tigers

In: The Overseas Chinese of South East Asia

Author

Listed:
  • Ian Rae
  • Morgen Witzel

Abstract

In 1960, very few people would have bet on South-East Asia becoming a future centre of economic power. The Korean conflict, which had shaken all of East Asia, was not long over. Trouble was already brewing between North and South Vietnam. The communist regimes of China and Russia were also at loggerheads, each supporting their own puppet governments and rebel groups throughout the region. Indonesia, the largest and most populous nation in the region, looked increasingly fragile as well. Most of the population lived at little more than subsistence level. Economic growth was slow, the appetite for foreign investment was very limited. Per capita income on average across the region was no higher than it had been in 1900; higher in Singapore and Malaysia, lower in Vietnam and the Philippines.

Suggested Citation

  • Ian Rae & Morgen Witzel, 2008. "The Rise and Fall of the Tigers," Palgrave Macmillan Books, in: The Overseas Chinese of South East Asia, chapter 8, pages 107-117, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59312-1_8
    DOI: 10.1057/9780230593121_8
    as

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