Week 3 Summary
Gerald Tan. 1993. The Next NICs of Asia.
Tan explores the possibility of several Asian countries becoming NICs by evaluating their success
across a range of criteria. Malaysia is seen as a possible new NIC due to its high economic
growth, strong infrastructure and increased industrial expansion. Tan expresses concerns,
however, about Malaysia’s corruption and nepotism. Thailand is also listed as a possible new NIC.
This is due to its increased focus on exports. Thailand, however, su ers from lower education
rates and higher debt. China is also brie y explored as an NIC. Tan concludes by stating that it
would be di cult for any of the aforementioned countries to attain NIC status.
Words: 103
Research questions: This article was written in 1993, how many of Tan’s points are still relevant
or are his observations outdated entirely?
ffi fl ff
Gerald Tan. 1993. The Next NICs of Asia.
Tan explores the possibility of several Asian countries becoming NICs by evaluating their success
across a range of criteria. Malaysia is seen as a possible new NIC due to its high economic
growth, strong infrastructure and increased industrial expansion. Tan expresses concerns,
however, about Malaysia’s corruption and nepotism. Thailand is also listed as a possible new NIC.
This is due to its increased focus on exports. Thailand, however, su ers from lower education
rates and higher debt. China is also brie y explored as an NIC. Tan concludes by stating that it
would be di cult for any of the aforementioned countries to attain NIC status.
Words: 103
Research questions: This article was written in 1993, how many of Tan’s points are still relevant
or are his observations outdated entirely?
ffi fl ff
