newly industrialized country

newly industrialized country
newly industrialized country newly industrialized country NIC

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newly industrialized country UK US (UK also newly industrialised country) noun [C] (also newly industrializing country, ABBREVIATION NIC) ECONOMICS
a country, especially in Asia, where industry has been growing quickly for the first time: »

Newly industrialized countries are countries with high-growth industrial economies, such as Hong Kong and Malaysia.


Financial and business terms. 2012.

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