ECONOMIC GROWTH STRATEGIES

Economic Growth Strategies



Economic Growth Strategies

Introduction

A newly industrialized country, or NIC, is one that has fallen somewhere on the economic measurement scale between developing and the first world countries. These countries have moved away from a traditionally agriculture based economy and into more industrialized concerns. This was true of countries including Singapore and Hong Kong during the 1970's and 1980's. These countries are still growing today, and there are several ways they can help to cement their position within the global economy. In an effort, to help encourage growth and stabilization within the Hong Kong and Singapore regions, the ...