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Japan Newly Industrialized Economies
Japan's relationships with the newly industrialized
economies
(NIEs) of South Korea, Taiwan, Hong Kong, and Singapore,
together
often called the Four Tigers, were marked by both
cooperation and
competition. After the early 1980s, when Tokyo extended a
large
financial credit to South Korea for essentially political
reasons,
Japan avoided significant aid relationships with the NIEs.
Relations instead involved capital investment, technology
transfer,
and trade. Increasingly, the NIEs came to be viewed as
Japan's
rivals in the competition for export markets for
manufactured
goods, especially the vast United States market
(see International Economic Cooperation and Aid
, ch. 5).
Data as of January 1994
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