In the early 1980s,many East Asian countries were characterized as "emerging markets" for their policies of

Question

Quizplus · Accepted Answer

In the early 1980s, many East Asian countries, such as South Korea, Taiwan, and Singapore, began implementing financial deregulation policies that aimed to attract foreign investment and promote economic growth. These policies included removing restrictions on foreign ownership of businesses and easing regulations on financial institutions. These policies played a key role in the rapid economic development and transformation of these countries, which became known as the "Asian Tigers."

In the Early 1980s,many East Asian Countries Were Characterized as "Emerging