Newly Industrializing Economies

Also found in: Acronyms.

Newly Industrializing Economies

Economies with a lower GDP relative to the developed world but still with healthy levels of GDP growth. Newly industrializing economies are characterized by a great deal of industry and/or international trade. Newly industrializing economies have relatively (though perhaps not entirely) stable governments. Some newly industrializing economies have a great deal of government intervention while others have virtually none. Examples of newly industrializing economies include India and Brazil. See also: International development.

References in periodicals archive ?

Hourly compensation costs in the newly industrializing economies of Asia (Hong Kong, Korea, Singapore, and Taiwan) rose to 26 percent of U.

For the four newly industrializing economies in Asia-Hong Kong, Korea, Singapore, and Taiwan-the increase in trade-weighted average hourly compensation costs was smaller in 1990 than in 1989, as measured in both national currency and U.

International comparisons of compensation costs

Growth of the newly industrializing economies in Asia has slowed recently, though the rates remain relatively high.

Monetary policy report to the Congress

level and the average cost level in the Asian newly industrializing economies of Hong Kong, Korea, Singapore, and Taiwan rose to 19 percent of U.

Measures are computed for all foreign countries and for selected country groups, such as Europe and the Asian newly industrializing economies.

International comparisons of hourly compensation costs

Exports to the newly industrializing economies of Asia (NIEs) were particularly strong, spurred both by rapid economic growth in those countries and by more recent gains in U.