An "Economic Miracle" refers to a period of rapid economic growth and development, often characterized by significant increases in GDP, industrial output, and living standards. This phenomenon typically occurs in countries that implement effective economic policies, attract foreign investment, and foster innovation. One notable example is the German Economic Miracle after World War II, where West Germany experienced remarkable recovery and growth, transforming into one of the world's leading economies. Similarly, the Asian Tigers—comprising South Korea, Taiwan, Hong Kong, and Singapore—achieved rapid industrialization and economic expansion from the 1960s to the 1990s, significantly improving their citizens' quality of life.