Newly Industrializing Economies

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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.
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As a "newly industrializing economy" its manufacturing sector now contributes over 50 per cent of exports by value, though it is also still a producer of primary commodities, including petroleum, liquefied natural gas, timber and timber products, and palm oil and associated products.
Finally, an additional case study chapter of a newly industrializing economy, such as Singapore, and its policy practices could have better supported the practical aims of this volume.
As a newly industrializing economy, Malaysia is eligible for loans with 1.8% interest, lower than the regular interest rate of 4%, repayable over 25 years.
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