The "Asian Tigers" (South Korea, Taiwan, Hong Kong, and Singapore) have experienced rapid growth and industrialization in recent decades. Which of the following explains their successful development?
A) They followed neoliberal policies.
B) They established large export-processing zones.
C) They had strict, state-led, economic regulation of capitalism.
D) They were not all that different from Western industrialized countries.
Correct Answer:
Verified
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