ROMSO Cyprus Knowledge Base

New industrialized countries

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The new industrial countries (NK) are identified by a number of countries in Asia and America, which are characterized by high pace of economic growth. NIPA has emerged from developing countries in the '60s in the 20th century.
In NNK, you can select 4 stages. At first stage three countries in Southeast Asia (Singapore, Taiwan, South Korea) and three countries in Latin America (Argentina, Brazil, Mexico) have quickly achieved large social economic movements and have been aligned with the states that have severe growth of economic growth. The second phase of these countries has added Malaysia, Thailand and India. Third stage in the NNNK group began to count Cyprus, Tunisia, Turkey and Indonesia, on the fourth, the Philippines and China. There were whole regimes that could declare industrial and stable growth.

Criteria by which those or other states enter NNK (by the U.N. technique)
size of gross domestic product (GDP) per person;
The annual GDP growth rate;
the square weight of GDP processing industry (it must be above 20%);
The amount of export of industrial labor and their total output;
The total amount of direct investment abroad.

The attention and characteristics of new industrial countries, such as high growth, dynamic macroeconomic and domestic structural change, growth of professional labor force, participation in international labor, a broad use of foreign capital for development, etc.

ANNOUNCER:

The participants who have suggested the INC appearance can naturally be divided into external and internal.

External factors are:

The country found itself in a particularly political or economic interest in the industrialized countries, primarily in the United States and Japan. So it will do everything it can to provide high stability and high density for its population to the economic system of capitalism. So the U.S. was acting after World War Il -- providing diverse assistance and support for Western Germany and Japan to transform it into major centers of the spread of socialism into Western Europe and Southeast Asia. The United States, declaring special national interests in South Korea and Taiwan, wanted to transform them into the main countries that resisted the communist influence of the PRC, the Korean National Democratic Republic and the Socialist Vietnam. South Koreans and Taiwan have provided huge economic assistance and military support. In 1950-1990, Taiwan received over 24 billion US dollars of foreign capital. In the financial crisis of 1998, the U.S. and other developed countries through international financial organizations provided nearly 70 billion US dollars. In the economic and political interest area of the United States, there are also individual countries in Latin America, primarily Mexico. In 1995, to support the US financial stability, 50 billion dollars have been allocated to Mexico, 20 billion have been obtained from a special era