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2000s Turkish economic boom
The Turkish economic boom of the 2000s (also known as the Turkish economic miracle) was a period of stabilization and growth following the 2001 Turkish economic crisis. Between 2002 and 2007, Turkey's economy experienced an average growth rate of 7.2%, much higher than the average growth rate during the nineties. The Turkish economy saw relative prosperity during the 2008 financial crisi
Trading basicsBaltic Tiger
Baltic Tiger is a term used to refer to any of the three Baltic states of Estonia, Latvia, and Lithuania during their periods of economic boom, which started after the year 2000 and continued at least until 2007. The term is modeled on Four Asian Tigers, Tatra Tiger, and Celtic Tiger, which were used to describe the economic boom periods in East Asia, Slovakia, and Ireland, respectively
Trading basicsItalian economic miracle
The Italian economic miracle (Italian: miracolo economico italiano), or the Italian economic boom (Italian: boom economico italiano), is the term used by historians, economists, and the mass media, first attributed by the Daily Mail in a correspondence from Rome on 25 May 1959, to designate the prolonged period of strong economic growth in Italy after World War II to the late 1960s, and
Trading basicsMassachusetts Miracle
The Massachusetts Miracle was a period of economic growth in Massachusetts during most of the 1980s. Before then, the state had been hit hard by deindustrialization and resulting unemployment. During the Miracle, the unemployment rate fell from more than 12% in 1975 to less than 3%, which was accompanied by tax reductions and a drastic increase in personal income.
Trading basicsSpanish miracle
The Spanish economic miracle (Spanish: milagro económico español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, in which GDP averaged a 6.5 percent growth rate per year, and was itself part of a much longer period of an above average GDP growth rate from 1
Trading basicsTiger economy
A tiger economy is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living. The term was originally used for the Four Asian Tigers (South Korea, Taiwan, Hong Kong, and Singapore) as tigers are important in Asian symbolism, which also inspired the Tiger Cub Economies (Indonesia, Malaysia, Thailand, Vietnam and the Philip
Trading basicsWirtschaftswunder
The Wirtschaftswunder (German: [ˈvɪʁt.ʃaftsˌvʊndɐ] , lit. 'economic miracle'), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II. The expression was first used to refer to this phenomenon by The Times in 1950.