How did industrial manufacturing in South Korea, Hong Kong, and Singapore significantly differ from the Latin American model?

Question

Quizplus · Accepted Answer

South Korea, Hong Kong, and Singapore, often referred to as part of the "Asian Tigers," significantly differed from the Latin American model of industrial manufacturing by being heavily export-oriented. These countries focused on producing goods for international markets, which contrasts with the Latin American approach that was more oriented towards domestic markets and import substitution industrialization.

How Did Industrial Manufacturing in South Korea, Hong Kong, and Singapore