newly industrializing economies (NIEs)

What is newly industrializing economies (NIEs)?

newly industrializing economies (NIEs) meaning

that subgroup of the less developed countries (LDCs) that has experienced particularly rapid industrialization of their economies; formerly known as the newly industrializing countries (NICs); also known as advanced developing countries; usually includes the Four Dragons (Hong Kong, South Korea, Singapore, Taiwan), and Brazil

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html