Newly Industrialized Country - NIC
- 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 economy and into a more industrialized, urban economy.
Also known as "newly industrializing economies" or "advanced developing countries."
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, India, Malaysia, the Philippines, Thailand and Turkey. Economists and political scientists sometimes disagree over the classification of these countries.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
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
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
NIC — may stand for: Contents 1 Country 2 Banking and insurance companies 3 Government agencies and politics 4 Technology … Wikipedia
Nic — steht für: John von Neumann Institute for Computing am Forschungszentrum Jülich Córdoba Oro, ehemalige Währung Nicaraguas nach der ISO 4217 Flughafen Lefkosia (IATA Code), seit 1974 stillgelegter Flughafen auf Zypern Negative Impedance Converter … Deutsch Wikipedia
NIC — steht für: John von Neumann Institute for Computing am Forschungszentrum Jülich Córdoba Oro, ehemalige Währung Nicaraguas nach der ISO 4217 Flughafen Lefkosia (IATA Code), seit 1974 stillgelegter Flughafen auf Zypern Negative Impedance Converter … Deutsch Wikipedia
NIC — • Newly Industrialized Country … Maritime acronyms and abbreviations
NIC — I ( net interest cost) The total amount of interest that will be paid on a debt obligation by a corporate or municipal bond issuer. Bloomberg Financial Dictionary II See: Newly Industrialized Countries * * * … Financial and business terms
NIC — UK [ˌen aɪ ˈsiː] / US [ˌen aɪ ˈsɪ] noun [countable] Word forms NIC : singular NIC plural NICs economics newly industrialized country: a country that has recently achieved a lot of industrial development, for example Malaysia … English dictionary
NIC — abbreviation 1. network interface card 2. newly industrialized country; newly industrializing country … New Collegiate Dictionary
