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Sep 9, 2019 · It is considered a newly industrialized economy and emerging market, which means it is changing from an agricultural-based economy to one with more services and manufacturing. The economy here is the 36th largest in the world and the 3rd largest of the Association of Southeast Asian Nations (ASEAN).
For a comparison of developments and an assessment of prospects, see the article in the Far Eastern Economic Review quoted in footnote 2, the paper by Periquet (footnote 3) and E. Y. Chen: The Newly Industrializing Countries in Asia: Growth Experience and Prospects, in: A. Scalapino (ed.): Asian Economic Development, Berkeley 1985, pp. 131–160.
Oct 7, 2016 · The miraculous growth of the city-state of Singapore as an Asian newly industrialized economy (NIE) has been analyzed from several perspectives, but few, if any, of the existing studies have focused on the technological dimension of its development experience. This paper addresses this gap. It first provides an overview
Feb 6, 2018 · Thailand's newly industrialized economy remains largely dependent on exports. Thailand is a nation located in Southeast Asia, and is the second largest economy in the region. The country has a gross domestic product (GDP) of $404.824 billion, which has a purchasing power equivalent of $1.108 trillion.
A newly industrialized country (NIC) is one whose economy shifted its focus from agriculture to goods-producing sectors, including manufacturing, construction, and mining, in the late 20th and early 21st centuries. Both international commerce and the overall quality of life in a NIC are often more significant than in developing nations.
The world is much impressed by the rapid economic development of four Asian Tigers – Hong Kong, Singapore, South Korea and Taiwan. However, it has often been taken for granted by many people that their social development is equally satisfactory. In order to investigate whether this belief is true or not, this paper looks at the levels of social development these countries have attained ...
By the turn of the century, South Korea was one of the world’s leading economies, with a gross national product (GNP) that grew from US $2.3 billion in 1962 to US $295 billion in 1992.5 Hong Kong, always an entrepot, created a booming textile and light manufacturing industry sector, and its world GDP grew from forty-fourth in 1960 to twenty ...
