Newly Industrialized Countries

Newly Industrialized Countries
( NICs)
NIC's are countries with high-growth industrial economies, such as Hong Kong and Malaysia. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • newly industrialized countries — (NICs)  Developing countries that pursue an outward oriented market strategy. The original NICs included Hong Kong, South Korea, Taiwan, and Singapore. Based on their success, many other countries are pursuing similar strategies …   American business jargon

  • Science in newly industrialized countries — Scientific research is concentrated in the developed world [Citation url=http://www.nature.com/wcs/c18.html title=Limits to South South collaboration author=Calestous Juma publication=Nature accessdate=2007 12 21] , with only a marginal… …   Wikipedia

  • Newly industrialized country — Newly industrialized countries as of 2011. The category of newly industrialized country (NIC) is a socioeconomic classification applied to several countries around the world by political scientists and economists. NICs are countries whose… …   Wikipedia

  • newly industrialized country — ➔ NIC * * * newly industrialized country UK US (UK also newly industrialised country) noun [C] (also newly industrializing country, ABBREVIATION NIC) ECONOMICS …   Financial and business terms

  • Newly Industrialized Country - NIC — A term used by political scientists and economists to describe a country whose level of economic development ranks it somewhere between the developing and first world classifications. These countries have moved away from an agriculture based… …   Investment dictionary

  • Newly Industrializing Countries — Ein Schwellenland (engl. Newly Industrialized Country) ist ein Staat, der traditionell noch zu den Entwicklungsländern gezählt wird, aber nicht mehr deren typische Merkmale aufweist. Deshalb wird ein solches Land begrifflich von den… …   Deutsch Wikipedia

  • newly industrializing countries — (NICs) The dozen or so countries which, in the 1970s and 1980s, achieved high levels of industrial output and penetration of external markets. These include the so called Four Little Dragons (Hong Kong, South Korea, Singapore, and Taiwan), a… …   Dictionary of sociology

  • List of countries by GDP (nominal) — World map showing nominal GDP of countries for the year 2010 according to the IMF. Legend: (in billions of U.S. dollars)   > 1,000 …   Wikipedia

  • Debt of developing countries — The debt of developing countries is external debt incurred by governments of developing countries, generally in quantities beyond the governments political ability to repay. Unpayable debt is a term used to describe external debt when the… …   Wikipedia

  • List of countries by employee compensation (per hour) — The compensation of employees per hour is a measure for the financial well being of a country s inhabitants. A similar measure is the GDP per capita. However, gross domestic product (GDP) (on the income side) = compensation of employees + gross… …   Wikipedia

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