This entails the danger of being outsmarted in competition by areas outside Europe such as the
newly industrialized countries and requires gaining greater influence in Europe to shape the region's role in world trade.
As expected, the publication pattern indicated that very little research is being conducted in the area of international standards in developing and
newly industrialized countries.
The
newly industrialized countries no longer fit in the "developing world," but they are not yet democratic in the Western sense.
Against the currencies of the
newly industrialized countries in Asia, the U.S.
Remember, though, that rapidly growing,
newly industrialized countries, including Mexico, face periodic balance-of-payments crises as growth and inflation get out of hand, giving investors a turbulent ride.
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).
But in addition to this random volatility, energy prices also continue to be influenced by systematic factors, including steeply increased demand from
newly industrialized countries, development of alternative sources of energy, usage taxes, the discovery of new fields, and effects related to climatic changes.
Second, prices of goods which are produced by the
newly industrialized countries and developing countries were more stable as those countries' currencies did not appreciate substantially against the dollar.
dollar depreciated 2 percent on a trade-weighted quarterly average basis against the currencies of 10 industrial countries and 1 percent against the currencies of 22 OECD countries plus 4
newly industrialized countries in Asia (table B, chart 1).
dollar depreciated 4 percent on a trade-weighted quarterly average basis against the currencies of 10 industrial countries and 2 percent against the currencies of 22 OECD countries plus 4
newly industrialized countries in Asia (table B, chart 1).
The increase in capital spending planned for 1993 is concentrated in Asia and Pacific, mainly in several
newly industrialized countries, and in "Latin America and Other Western Hemisphere," particularly Mexico and Brazil.
In the third quarter, the dollar depreciated 7 percent on a trade-weighted quarterly average basis against the currencies of 10 industrial countries and 4 percent against the currencies of 22 OECD countries and 4
newly industrialized countries in the Far East (table B, chart 1).