I think that The Four Asian Tigers is my best post in the 1st half semester for two reasons. First, this post shows the importance of the concept of comparative advantage. It describes us how the economic system based on the specialization in areas of competitive advantage helps Hong Kong, Singapore, South Korea, and Taiwan to develop considerably their economy (Hong Kong and Singapore have become highly competent in international finance, in contrast, Singapore and South Korea specialized in manufacturing information technology). In these economics systems the export exchange was the key of quick development. Secondly, this posting illustrate the impact of a good education system on the economic development. So, the information from this post is very necessary to understand the Comparative Economic Systems.
If you have seen this post yet, please go to this link: http://traorea3.blog.econproph.net/2015/02/19/the-four-asian-tigers/