Newly Industrialized Countries


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Related to Newly Industrialized Countries: Developing countries

Newly Industrialized Countries (NICs)

NIC's are countries with high-growth industrial economies, such as Hong Kong and Malaysia.

Newly Industrialized Countries

Countries with a lower GDP relative to the developed world but with a higher level of GDP growth. Newly industrialized countries are characterized by a great deal industry and/or international trade. Newly industrialized countries have relatively (though not entirely) stable governments. Some newly industrialized countries have a great deal of government intervention while others have a lesser amount. Examples of newly industrialized countries include Mexico and China. See also: International development.
References in periodicals archive ?
Table 1: The Race for Exports and Upgrading of Exports: Czech Republic, Hungary, Poland, Slovakia and the Newly Industrialized Countries of Asia
Twenty-two articles focused on developing countries, primarily India and China, and I6 on newly industrialized countries such as Singapore and Taiwan.
This indicates that it will be difficult for firms to standardize consumer sales promotion strategies across the developing and newly industrialized countries of Asia.
Arguments could also be made to support the inclusion of some of the newly industrialized countries.
As other newly industrialized countries like Brazil, India, and several others in South East Asia have benefitted tremendously from the Japanese experience in transferring science and technology, Saudi Arabia has the potential and should do the same.
These newly industrialized countries managed to overcome the shared handicap of colonialism and an authoritarian history, while the Philippines continues to languish under the negative residues of these influences.
dollar appreciated 2 percent on a trade-weighted quarterly average basis against the currencies of 10 industrial countries and 3 percent against the currencies of 22 OECD countries Plus 4 newly industrialized countries in Asia (table B, chart 1).
home prices; decreased global military spending; more and better exports from newly industrialized countries such as Thailand and Mexico; and raging protectionism around the world.
While demand continued to rise in the newly industrialized countries of the Pacific area, imports into Europe of both coking coal and steam coal fell sharply.
5] The relationship between the country of origin index and the exchange rate seems to be much weaker for the Asian newly industrialized countries and for Canada.
In Europe, the economic recovery trend continued, supported by growth in exports due to higher demand in newly industrialized countries and the weaker euro.
dollar depreciated 5 percent against the currencies of 10 industrial countries and 4 percent against the currencies of 22 OECD countries plus 4 newly industrialized countries in Asia (table B, chart 1).