Newly industrialized asian economies
1The Asian newly industrialized economies (NIE's), namely Hong Kong, South Korea, Singapore and Taiwan are attracting world-wide attention for five layers of . Newly-industrialized countries shown in blue, developing countries are shown in green, Baltic Tigers in red, developing unrecognised countries in light green ( ). The category of newly-industrialized country (NIC) is a socioeconomic classification applied to All of the Four Asian Tigers, like Western European countries, have a Human. A newly industrialized country (NIC) is one whose level of economic Korea, and Taiwan are collectively known as the Four Asian Tigers. The U.S. holds the title of "most industrialized nation in the world," although China's economy comes in at a photo-finish second place. The United States has held its position as the strongest economy in the world since , according to International Monetary Fund data. and the Newly Industrialized Economies of East Asia Discussion and papers from a symposium held in Atlanta, Georgia East-West Center Honolulu, Hawaii Southern Center for Internationa Studiel s Atlanta, Georgia. Japan, China, and the Newl Industrializey d Economies of Asia. Newly Industrialized Country - NIC: Newly industrialized country (NIC) is a term used by political scientists and economists to describe a country whose level of economic development ranks it.