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What are examples of newly industrialized countries?
Which countries are classified as newly industrialized countries?
What is a newly industrialized country?
Which countries were industrialized during the 20th and early 21st century?
The table below presents the list of countries consistently considered NICs by different authors and experts. Turkey and South Africa were classified among the world's 34 developed countries (DCs) by the CIA World Factbook in 2008. Turkey became a founding member of the OECD in 1961 and Mexico joined in 1994.
What are the newly industrialized countries? Brazil, China, India, Indonesia, Malaysia, Mexico, Philippines, South Africa, Thailand, and Turkey are all classified as newly industrialized countries. Some also consider Argentina, Russia, Chili, Sri Lanka, and Egypt to fall into this group.
The term "emerging market country" is best described as "newly industrialized country." Currently, 10 countries belong to this classification, most of which are located in southern and eastern Asia. The largest economies among them currently are China, India and Brazil.
newly industrialized country (NIC), country whose national economy has transitioned from being primarily based in agriculture to being primarily based in goods-producing industries, such as manufacturing, construction, and mining, during the late 20th and early 21st centuries. An NIC also trades.
Mar 20, 2024 · Since there is no exact qualification or definition for an NIC, the list of existing NICs is open to some debate. Economies that experts typically include as NICs are China (specifically Hong Kong), India, Singapore, Taiwan, and Turkey. Others may include Brazil, Mexico, South Africa, and Thailand.
Dec 24, 2020 · In the 1970s and 1980s, examples of newly industrialized countries included Hong Kong, South Korea, Singapore, and Taiwan. Examples in the late 2000s included South Africa, Mexico, Brazil, China...
Apr 29, 2024 · Countries such as South Korea, Taiwan, Singapore, and Hong Kong are often cited as classic examples of newly industrialized countries. These nations, sometimes referred to as the “Asian Tigers,” achieved remarkable rates of economic growth from the 1960s through the 1990s.
