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Baltic Tiger

Categories: Econ, Trading, Index Funds

Baltic Tiger is a title assigned the three Baltic states of Estonia, Latvia, and Lithuania to capture enthusiasm created during the period from 2000 to 2007, during which they enjoyed double-digit annual economic growth. They were "tigers" in their growth during that period…i.e. simply put, they were good. Waaaay better economic performers than The Baltic Slug, which just froze and was eaten by a bird.

The term is based on Four Asian Tigers, Tatra Tiger, and Celtic Tiger, which were used to describe the economic booms that occurred in Hong Kong, Singapore, South Korea, and Taiwan (Four Asian Tigers), Slovakia (Tatra Tiger) and The Republic of Ireland (Celtic Tiger). All these areas, like the Baltic Tiger, went through periods of great economic boom.

Referring to the Four Asian Tigers, tiger was picked as the moniker of these booming economies because a tiger is a ferocious beast, native to East Asia, and alludes to ferocious economic growth of these four countries. The other "Tigers" were just a play on the Four Asian Tigers title.

Oddly enough, real tigers are not located in any of these countries. The last wild tiger seen in Korea was in 1922. And Augusta in 2018.

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