Economic miracle is an informal economic term for a period of dramatic economic development that is entirely unexpected or unexpectedly strong. Economic miracles have occurred in the recent histories of a number of countries, often those undergoing an economic boom or described as a tiger economy.

Great Divergence

  • Commercial revolution (c. 1000–1760)
  • Industrial Revolution (c. 1760–1840)
  • Second Industrial Revolution (c. 1870–1914)

Post-World War II

  • Swiss miracle (c. 1940s–2000s)
  • Japanese economic miracle (c. 1950s–1973)
  • Trente Glorieuses (France, c. 1945–1975)
  • Record years (Sweden, c. 1947–1974)
  • Wirtschaftswunder (West Germany and Austria, c. 1950s–1970s)
  • Mexican miracle (c. 1940s–1970s) (term not used by economists)
  • Belgian economic miracle (1945–1948)
  • Greek economic miracle (1950–1973) (Eventually followed by downturn)
  • Italian economic miracle (c. 1950–1973)
  • Spanish miracle (1959–1974)
  • Costarrican Ochomogo economic miracle (1950–1979)
  • Four Asian Tigers (South Korea, Taiwan, Hong Kong, and Singapore, c. 1960s–1990s)
  • Miracle on the Han River (South Korea, c. 1962–1997)
  • Taiwan Miracle (1961–2000)

Later

  • Tiger Cub Economies (Indonesia, Malaysia, Thailand, the Philippines, and Vietnam, c. 2010s–present)
  • Indonesian economic boom (1976–present)
  • Malaysian miracle (1971–1997)
  • Philippine economic boom (1986–present)
  • Thai economic boom (1985–1997, 2001–2006)
  • Đổi Mới (Vietnam, 1986–present)
  • Brazilian Miracle (1968–1973)
  • Miracle of Chile (1975–2010)
  • Economic liberalisation in India (1991–present)
  • Reform and opening up (1978–present)
  • Massachusetts Miracle (1980s)
  • Polish economic miracle (1992-present)
  • Gulf Tiger (Dubai city, c. 1990s–2008)
  • Celtic Tiger (Ireland, c. 1995–2007)
  • Belarusian economic miracle (1996-2014)
  • Baltic Tigers (Estonia, Latvia, or Lithuania, c. 2000–2007)
  • Tatra Tiger (Slovakia, 2002–2007)
  • 2000s Turkish economic boom (Turkey, c. 2000–2018)
  • Adriatic Tiger (Slovenia, 2004–2009)
  • Carpat Tiger (Romania, 1991–2009)

References

Further reading

  • Broken link