1. Asian Tigers Hong Kong and Singapore Huge financial centers
South Korea and Taiwan.
hubs of global manufacturing
in automobile/electronic
components and information
technology
Rapidly developing, free market economies
rising standard of living
NIEs=Newly Industrialized Economies
Japan = also rapidly developed

2. New Industrialized Economies (NIEs)
Discipline & hardworking labor force (cheap labor)
HUGE government investment in education (elementary, secondary, college).
High rates of personal saving that allowed generous fund investments in new technology.
Economic focus on exports to highly-industrialized nations.
Relatively authoritarian gov’ts during the early years of development

3. Today: North Korea & South Korea

5. Kim Jong Il Passed away December 2011
Kim Jong Uh 32 years old
Kim Jong Il Passed away December 2011

6. Satellite Image of Gulags
On Tuesday, Google unveiled a detailed map of North Korea, offering a rare glimpse inside the streets, landmarks and even the gulags located in the world's most isolated country.

8. Demilitarized zone (DMZ) between Koreas is most volatile border region

10. CHINA 2015
 China claimed the top position for the World’s Largest Economic Power, surpassing the United States.
Despite this, China’s economic growth has declined throughout the first few months of 2015.