Knowledge

Newly industrialized country

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515: 2220: 619: 366: 705: 662: 748: 793: 470: 2208: 420: 567: 78:'s status but have, in a macroeconomic sense, outpaced their developing counterparts. Such countries are still considered developing nations and only differ from other developing nations in the rate at which an NIC's growth is much higher over a shorter allotted time period compared to other developing nations. Another characterization of NICs is that of countries undergoing rapid 99:
countries is the further development in government structures, such as democracy, the rule of law, and less corruption. Other such examples of a better lifestyle people living in such countries can experience are better transportation, electricity, and better access to water, compared to other developing countries and low infant mortality rate.
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Newly industrialized countries can bring about an increase of stabilization in a country's social and economic status, allowing the people living in these nations to begin to experience better living conditions and better lifestyles. Another characteristic that appears in newly industrialized
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rose to become globally competitive in science, technological innovation and economic prosperity as well as NICs in the 1970s and 1980s, with exceptionally fast industrial growth since the 1960s; all four countries having since graduated into high-tech
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Brazil, China, India, Mexico and South Africa meet annually with the G8 countries to discuss financial topics and climate change, due to their economic importance in today's global market and environmental impact, in a group known as
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Authors set lists of countries accordingly to different methods of economic analysis. Sometimes a work ascribes NIC status to a country that other authors do not consider a NIC. This is the case of countries such as
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NICs usually benefit from comparatively low wage costs, which translates into lower input prices for suppliers. As a result, it is often easier for producers in NICs to outperform and outproduce factories in
3369: 2187: 2192: 1489: 3374: 2156: 2118: 2582: 1850: 1890: 1395: 2659: 2106: 1736: 1055: 139:. There is a clear distinction between these countries and the countries now considered NICs. In particular, the combination of an open political process, high 2063: 235: 2920: 2734: 1977: 3410: 2612: 2602: 1997: 1902: 1845: 940:
Other NICs face common problems such as widespread corruption and political instability, as well as other circumstances that cause them to face the
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will remain low even if either economy surpasses that of the United States in overall GDP. When GDP per capita is calculated according to
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in each newly industrialized country. Nominal GDP per capita typically is an indicator for living standards in a given country as well.
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is persistent and extreme poverty remains high in the country. South Africa is a NIC with 34% of population unemployed and poor.
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Note: Green-colored cells indicate highest value or best performance in index, while yellow-colored cells indicate the opposite.
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and other organizations have more political sway. This comparative advantage is often criticized by advocates of the
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whose economic growth is much higher than that of other developing countries; and where the social consequences of
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The table below presents the list of countries consistently considered NICs by different authors and experts.
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David Waugh (2000). "Manufacturing industries (chapter 19), World development (chapter 22)".
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Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)
1216: 2744: 2515: 2331: 2287: 1759: 1714: 1693: 1683: 941: 231: 55: 3415: 3182: 3142: 2930: 2520: 2341: 2045: 1789: 1754: 1468: 1274: 1249: 1224: 1196: 1118: 1090: 968: 903: 199: 148: 144: 132: 108: 87: 75: 59: 47: 3435: 3172: 3125: 3109: 3046: 2869: 2437: 2212: 2128: 1004: 934: 844:
For China and India, the immense population of these two countries (each with over
339: 1490:"Africa wealth report 2015: rich get richer even as poverty and inequality deepen" 1323: 3152: 3073: 3061: 2719: 2642: 2459: 2321: 2014: 1190: 978: 953: 79: 2219: 3667: 3606: 3591: 3487: 3430: 3425: 3066: 3008: 3003: 2955: 2950: 2945: 2925: 2400: 2390: 2270: 2143: 1688: 1629: 1608: 1559: 907: 211: 129: 43: 40: 3690: 3256: 3056: 3050: 2821: 2739: 2684: 2622: 2432: 1613: 973: 430: 172: 2998: 2754: 2630: 2364: 2354: 2224: 1812: 1802: 1667: 988: 525: 371: 263: 227: 63: 3626: 3621: 3375:
Conference on Interaction and Confidence-Building Measures in Asia (CICA)
3277: 3038: 3018: 2993: 2972: 2967: 2961: 2709: 2694: 2689: 2378: 2359: 2349: 1932: 1807: 1797: 1248:(3rd ed.). Nelson Thornes Ltd. pp. 563, 576–579, 633, and 640. 911: 624: 292: 168: 124: 1558: 3596: 3028: 2977: 2940: 2935: 2848: 2836: 2635: 2425: 1703: 926:
While South Africa is considered wealthy on a wealth-per-capita basis,
915: 247: 183: 143:, and a thriving, export-oriented economic policy has shown that these 1465:
Popular Development: Rethinking the Theory and Practice of Development
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were classified among the world's 34 developed countries (DCs) by the
886: 878: 710: 275: 164: 120: 116: 51: 93: 3323: 2395: 1140:"The Role of Newly Industrialized Economies in Global Value Chains" 753: 667: 1587: 933:
Mexico's economic growth is hampered in some areas by an ongoing
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Globalization and the Transformation of Foreign Economic Policy
1018: 890: 798: 475: 425: 376: 267: 259: 239: 223: 203: 156: 152: 112: 83: 2265: 1117:(6th ed.). W. W. Norton & Company. pp. 304–337. 1113:
Patrick H. O’Neil (2018). "Chapter 10: Developing Countries".
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Organisation for Economic Co-operation and Development (OECD)
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Australia–New Zealand–United States Security Treaty (ANZUS)
3492: 3328: 2467: 1957: 1056:"Appendix B :: International Organizations and Groups" 1000: 2074:
Patents, trademarks, and industrial design filing activity
1089:(6th ed.). W. W. Norton & Company. p. A-19. 74:
NICs are countries whose economies have not yet reached a
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Cooperation Council for the Arab States of the Gulf (GCC)
2724: 1508:"Drug Trafficking, Violence and Mexico's Economic Future" 1219:(2003). "Multinationals, Ideology, and Organized Labor". 1028: 271: 3385:
South Asian Association for Regional Cooperation (SAARC)
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Community of Latin American and Caribbean States (CELAC)
1744: 1302:"Report for Selected Countries and Subjects: April 2024" 1223:. Princeton University Press. pp. 126 (Table 5.1). 3601: 1344:
Note: The higher the figure, the higher the inequality.
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Paweł Bożyk (2006). "Newly Industrialized Countries".
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Organisation internationale de la Francophonie (OIF)
2899: 3411:Organization of the Black Sea Economic Cooperation 2613:United Nations Industrial Development Organization 2603:United Nations Conference on Trade and Development 1268: 1112: 1084: 94:Characteristics of newly industrialized countries 46:applied to several countries around the world by 3688: 2790:South Asian Association for Regional Cooperation 2760:Community of Latin American and Caribbean States 1215: 234:in 2008. Turkey became a founding member of the 3632:India–Brazil–South Africa Dialogue Forum (IBSA) 2476:India–Brazil–South Africa Dialogue Forum (IBSA) 1184: 1182: 3577:Brazil–Russia–India–China–South Africa (BRICS) 3457:Collective Security Treaty Organization (CSTO) 3365:Association of Southeast Asian Nations (ASEAN) 2456:Brazil–Russia–India–China–South Africa (BRICS) 1487: 1137: 2885: 2598:New World Information and Communication Order 2251: 1730: 1544: 1514:. University of Pennsylvania. 26 January 2011 1421:"World Economic Outlook Database, April 2023" 1355:"World Economic Outlook Database, April 2022" 1062:. Central Intelligence Agency. Archived from 107:The term came into use around 1970, when the 1488:Sedghi, Ami; Anderson, Mark (31 July 2015). 1179: 147:countries have roughly come to a match with 1462: 1243: 1188: 3587:Community of Portuguese Speaking Countries 3314:Central American Integration System (SICA) 2892: 2878: 2258: 2244: 2157:Number of broadband Internet subscriptions 1737: 1723: 1551: 1537: 1296: 1294: 1292: 1290: 1050: 1048: 3525:South Atlantic Peace and Cooperation Zone 3493:North Atlantic Treaty Organization (NATO) 3329:North Atlantic Treaty Organization (NATO) 3288:Organisation of Islamic Cooperation (OIC) 2785:South Atlantic Peace and Cooperation Zone 1262: 984:Science in newly industrialized countries 856:(PPP), this takes into account the lower 3541:Asia-Pacific Economic Cooperation (APEC) 3452:Commonwealth of Independent States (CIS) 3395:Trilateral Cooperation Secretariat (TCS) 3360:Asia-Pacific Economic Cooperation (APEC) 3339:Union of South American Nations (UNASUR) 1195:. Ashgate Publishing, Ltd. p. 164. 3462:Economic Cooperation Organization (ECO) 3390:Shanghai Cooperation Organisation (SCO) 3380:Economic Cooperation Organization (ECO) 2541:OPEC Fund for International Development 1443:"How Do We Measure Standard of Living?" 1287: 1045: 3689: 3214:Composite Index of National Capability 2750:Association of Southeast Asian Nations 1169:"Japan Newly Industrialized Economies" 1085:Patrick H. O’Neil (2018). "Glossary". 3334:Organization of American States (OAS) 3304:Association of Caribbean States (ACS) 3235: 2873: 2239: 1718: 1532: 1377: 1209: 1108: 1106: 178:All four countries are classified as 102: 90:is an important indicator of an NIC. 2735:African, Caribbean and Pacific Group 2608:United Nations Development Programme 2506:Asian Infrastructure Investment Bank 1745:Economic classification of countries 1392:United Nations Development Programme 1385:"Human Development Report 2023/2024" 3105:International relations (1814–1919) 278:, Mexico, South Africa and Turkey. 13: 3421:European Political Community (EPC) 2583:Global System of Trade Preferences 1450:The Federal Reserve Bank of Boston 1401:from the original on 13 March 2024 1273:(4th ed.). Cengage Learning. 1237: 1115:Essentials of Comparative Politics 1103: 1087:Essentials of Comparative Politics 246:group is composed of the original 14: 3728: 2064:Research and development spending 1246:Geography, An Integrated Approach 321:(Millions of current Int$ , 2024 86:-oriented). Incipient or ongoing 3697:Economic country classifications 3551:Melanesian Spearhead Group (MSG) 2901:Power in international relations 2593:New International Economic Order 2573:Infrastructure-based development 2218: 2206: 2107:planetary pressures–adjusted HDI 1983:List of countries by median wage 1978:Employee compensation (per hour) 791: 746: 703: 660: 617: 565: 513: 468: 418: 364: 3355:Asia Cooperation Dialogue (ACD) 2715:G33 developing countries (G-33) 2411:World Conference against Racism 2306:Heavily indebted poor countries 2296:Landlocked developing countries 1765:Heavily indebted poor countries 1500: 1481: 1467:. Wiley-Blackwell. p. 81. 1456: 1435: 1413: 1347: 1338: 1316: 1138:Dominik Boddin (October 2016). 3561:Polynesian Leaders Group (PLG) 3467:Eurasian Economic Union (EaEU) 2795:Small Island Developing States 2588:Protocol on Trade Negotiations 1780:World Bank high-income economy 1161: 1131: 1078: 274:include Brazil, China, India, 210:considered "very high" by the 1: 3472:Organization of Turkic States 3309:Caribbean Community (CARICOM) 3095:List of medieval great powers 2705:G20 developing nations (G-20) 1149:. International Monetary Fund 1039: 964:Global North and Global South 137:wealthy high-income economies 69: 54:. They represent a subset of 3219:Comprehensive National Power 3090:List of ancient great powers 2765:International Solar Alliance 2327:Newly industrialized country 2119:Percentage living in poverty 1775:Newly industrialized country 1564:Group of Eight + Five (G8+5) 896: 66:, are reorganizing society. 29:newly industrialized economy 21:newly industrialized country 16:Socioeconomic classification 7: 3556:Pacific Islands Forum (PIF) 3509:Union for the Mediterranean 3262:Union for the Mediterranean 3100:List of modern great powers 2832:International Monetary Fund 2531:Common Fund for Commodities 2069:Stock market capitalization 2035:Financial assets per capita 1512:Knowledge.wharton.upenn.edu 1363:International Monetary Fund 1310:International Monetary Fund 947: 921: 848:as of May 2024) means that 196:Central Intelligence Agency 192:International Monetary Fund 10: 3733: 3637:Non-Aligned Movement (NAM) 3148:Hegemonic stability theory 2770:Melanesian Spearhead Group 2526:Caribbean Development Bank 2470:(BRICS minus South Africa) 1269:N. Gregory Mankiw (2007). 789: 744: 701: 658: 615: 563: 511: 466: 416: 217: 3707:International development 3660: 3569: 3533: 3517: 3501: 3480: 3444: 3403: 3347: 3296: 3270: 3249: 3245: 3231: 3206: 3118: 3082: 3037: 2986: 2911: 2907: 2808: 2673: 2665:World Health Organization 2621: 2549: 2488: 2446: 2386: 2377: 2340: 2314: 2301:Least developed countries 2286: 2277: 2201: 2175: 2142: 2082: 2043: 2013: 1956: 1917: 1868: 1831: 1821: 1788: 1770:Least developed countries 1750: 1676: 1638: 1622: 1570: 1221:The Limits of Convergence 802: 524: 429: 145:East Asian economic tiger 3238:Organizations and groups 3198:Superpower disengagement 2842:World Trade Organization 2780:Polynesian Leaders Group 2162:Number of Internet users 2054:Gross National Happiness 871: 340:Income inequality (GINI) 308:GDP per capita (nominal) 3582:Commonwealth of Nations 3416:Council of Europe (CoE) 3178:Power transition theory 2827:Global financial system 2578:Sustainable development 2267:South–South cooperation 2092:Human Development Index 1324:"GINI Index Data Table" 1271:Principles of Economics 854:purchasing power parity 346:Human Development Index 300:(Millions of USD, 2024 250:members in addition to 208:Human Development Index 2643:Pharmaceutical patents 2511:Asian Development Bank 2188:Per capita (creditors) 2167:Smartphone penetration 1823:Gross domestic product 1790:Three/Four-World Model 1034:G20 developing nations 3652:Uniting for Consensus 2859:Global digital divide 2745:Afro–Asian Conference 2655:Test data exclusivity 2568:Flying geese paradigm 2152:ICT Development Index 2134:Social Progress Index 1919:Gross national income 959:Flying geese paradigm 332:(current Int$ , 2024 270:. The members of the 180:high-income economies 37:middle income country 3712:Economic development 3518:Africa–South America 3481:North America–Europe 2854:Financial regulation 2730:Non-Aligned Movement 2536:New Development Bank 2501:Asian Clearing Union 2462:(BRICS minus Russia) 2213:Economics portal 2193:Per capita (debtors) 2059:Net material product 1463:John Broman (1996). 356:Real GDP growth rate 329:GDP per capita (PPP) 242:joined in 1994. The 56:developing countries 48:political scientists 3668:United Nations (UN) 3436:Visegrád Group (V4) 3426:European Union (EU) 3193:Superpower collapse 3188:Sphere of influence 3163:Philosophy of power 2563:Developmental state 2179:investment position 2124:Human Capital Index 2114:Human Poverty Index 2102:inequality-adjusted 1903:per person employed 1560:Group of Eight (G8) 1452:. 14 February 2003. 928:economic inequality 904:developed countries 188:developed countries 149:developed countries 133:developed countries 3717:Industrial history 3502:Africa–Asia–Europe 2775:North–South Summit 2516:Arab Monetary Fund 2332:Transition economy 2177:Net international 1928:Nominal per capita 1846:past and projected 1760:Developing country 1060:The World Factbook 942:middle income trap 846:1.4 billion people 232:CIA World Factbook 206:countries, have a 198:(CIA). All of the 103:Historical context 3702:Industrialisation 3684: 3683: 3680: 3679: 3676: 3675: 3227: 3226: 3183:Second Superpower 3143:Deterrence theory 2867: 2866: 2484: 2483: 2373: 2372: 2233: 2232: 2084:Human development 2046:national accounts 1948:Disposable income 1943:Per capita growth 1913: 1912: 1755:Developed country 1712: 1711: 1394:. 13 March 2024. 1280:978-0-324-22472-6 1147:IMF Working Paper 1124:978-0-393-62458-8 1096:978-0-393-62458-8 969:Industrialisation 850:per capita income 842: 841: 825: 774: 730: 687: 644: 596: 549: 497: 450: 401: 283: 200:Four Asian Tigers 109:Four Asian Tigers 88:industrialization 76:developed country 60:industrialization 3724: 3247: 3246: 3233: 3232: 3173:Power projection 3158:Internationalism 3131:Balance of power 3126:American decline 3110:Post-Western era 2909: 2908: 2894: 2887: 2880: 2871: 2870: 2660:Doha Declaration 2471: 2463: 2438:Post-Western era 2384: 2383: 2322:Emerging markets 2284: 2283: 2260: 2253: 2246: 2237: 2236: 2225:World portal 2223: 2222: 2211: 2210: 2129:Household income 2023:Wealth per adult 1886:future estimates 1829: 1828: 1739: 1732: 1725: 1716: 1715: 1553: 1546: 1539: 1530: 1529: 1524: 1523: 1521: 1519: 1504: 1498: 1497: 1485: 1479: 1478: 1460: 1454: 1453: 1447: 1439: 1433: 1432: 1430: 1428: 1417: 1411: 1410: 1408: 1406: 1400: 1389: 1381: 1375: 1374: 1372: 1370: 1351: 1345: 1342: 1336: 1335: 1333: 1331: 1320: 1314: 1313: 1298: 1285: 1284: 1266: 1260: 1259: 1241: 1235: 1234: 1217:Mauro F. GuillĂ©n 1213: 1207: 1206: 1186: 1177: 1176: 1165: 1159: 1158: 1156: 1154: 1144: 1135: 1129: 1128: 1110: 1101: 1100: 1082: 1076: 1075: 1073: 1071: 1052: 834: 823: 797: 795: 794: 781: 772: 752: 750: 749: 736: 728: 709: 707: 706: 693: 685: 666: 664: 663: 650: 642: 623: 621: 620: 605: 594: 571: 569: 568: 555: 547: 519: 517: 516: 503: 495: 474: 472: 471: 456: 448: 424: 422: 421: 408: 399: 370: 368: 367: 286: 285: 281: 204:Western European 19:The category of 3732: 3731: 3727: 3726: 3725: 3723: 3722: 3721: 3687: 3686: 3685: 3672: 3656: 3565: 3534:Oceania–Pacific 3529: 3513: 3497: 3476: 3440: 3399: 3343: 3292: 3266: 3241: 3223: 3202: 3153:Multilateralism 3114: 3078: 3033: 2982: 2903: 2898: 2868: 2863: 2815: 2812: 2804: 2678: 2676: 2669: 2617: 2556: 2553: 2545: 2480: 2469: 2461: 2458: 2442: 2369: 2336: 2310: 2273: 2264: 2234: 2229: 2217: 2205: 2197: 2178: 2171: 2138: 2078: 2039: 2009: 1952: 1909: 1871: 1864: 1817: 1784: 1746: 1743: 1713: 1708: 1672: 1634: 1618: 1566: 1557: 1527: 1517: 1515: 1506: 1505: 1501: 1486: 1482: 1475: 1461: 1457: 1445: 1441: 1440: 1436: 1426: 1424: 1419: 1418: 1414: 1404: 1402: 1398: 1387: 1383: 1382: 1378: 1368: 1366: 1365:. 20 April 2022 1353: 1352: 1348: 1343: 1339: 1329: 1327: 1322: 1321: 1317: 1300: 1299: 1288: 1281: 1267: 1263: 1256: 1242: 1238: 1231: 1214: 1210: 1203: 1187: 1180: 1175:. January 1994. 1167: 1166: 1162: 1152: 1150: 1142: 1136: 1132: 1125: 1111: 1104: 1097: 1083: 1079: 1069: 1067: 1066:on 9 April 2008 1054: 1053: 1046: 1042: 979:Mass production 954:Emerging market 950: 924: 910:is higher, and 899: 874: 858:costs of living 832: 792: 790: 779: 747: 745: 734: 704: 702: 691: 661: 659: 648: 618: 616: 603: 566: 564: 553: 514: 512: 501: 469: 467: 454: 419: 417: 406: 365: 363: 331: 310: 220: 194:(IMF) and U.S. 105: 96: 80:economic growth 72: 17: 12: 11: 5: 3730: 3720: 3719: 3714: 3709: 3704: 3699: 3682: 3681: 3678: 3677: 3674: 3673: 3671: 3670: 3664: 3662: 3658: 3657: 3655: 3654: 3649: 3644: 3639: 3634: 3629: 3624: 3619: 3614: 3609: 3604: 3599: 3594: 3589: 3584: 3579: 3573: 3571: 3567: 3566: 3564: 3563: 3558: 3553: 3548: 3543: 3537: 3535: 3531: 3530: 3528: 3527: 3521: 3519: 3515: 3514: 3512: 3511: 3505: 3503: 3499: 3498: 3496: 3495: 3490: 3488:Arctic Council 3484: 3482: 3478: 3477: 3475: 3474: 3469: 3464: 3459: 3454: 3448: 3446: 3442: 3441: 3439: 3438: 3433: 3431:Nordic Council 3428: 3423: 3418: 3413: 3407: 3405: 3401: 3400: 3398: 3397: 3392: 3387: 3382: 3377: 3372: 3367: 3362: 3357: 3351: 3349: 3345: 3344: 3342: 3341: 3336: 3331: 3326: 3321: 3316: 3311: 3306: 3300: 3298: 3294: 3293: 3291: 3290: 3285: 3280: 3274: 3272: 3268: 3267: 3265: 3264: 3259: 3253: 3251: 3243: 3242: 3229: 3228: 3225: 3224: 3222: 3221: 3216: 3210: 3208: 3204: 3203: 3201: 3200: 3195: 3190: 3185: 3180: 3175: 3170: 3165: 3160: 3155: 3150: 3145: 3140: 3139: 3138: 3128: 3122: 3120: 3116: 3115: 3113: 3112: 3107: 3102: 3097: 3092: 3086: 3084: 3080: 3079: 3077: 3076: 3071: 3070: 3069: 3064: 3054: 3043: 3041: 3035: 3034: 3032: 3031: 3026: 3021: 3016: 3011: 3006: 3001: 2996: 2990: 2988: 2984: 2983: 2981: 2980: 2975: 2970: 2965: 2958: 2953: 2948: 2943: 2938: 2933: 2928: 2923: 2917: 2915: 2905: 2904: 2897: 2896: 2889: 2882: 2874: 2865: 2864: 2862: 2861: 2856: 2851: 2846: 2845: 2844: 2839: 2834: 2824: 2818: 2816: 2809: 2806: 2805: 2803: 2802: 2797: 2792: 2787: 2782: 2777: 2772: 2767: 2762: 2757: 2752: 2747: 2742: 2737: 2732: 2727: 2722: 2717: 2712: 2707: 2702: 2697: 2692: 2687: 2681: 2679: 2674: 2671: 2670: 2668: 2667: 2662: 2657: 2652: 2651: 2650: 2640: 2639: 2638: 2627: 2625: 2619: 2618: 2616: 2615: 2610: 2605: 2600: 2595: 2590: 2585: 2580: 2575: 2570: 2565: 2559: 2557: 2550: 2547: 2546: 2544: 2543: 2538: 2533: 2528: 2523: 2518: 2513: 2508: 2503: 2498: 2492: 2490: 2486: 2485: 2482: 2481: 2479: 2478: 2473: 2465: 2452: 2450: 2444: 2443: 2441: 2440: 2435: 2430: 2429: 2428: 2423: 2418: 2408: 2403: 2401:Neocolonialism 2398: 2393: 2391:Decolonization 2387: 2381: 2375: 2374: 2371: 2370: 2368: 2367: 2362: 2357: 2352: 2346: 2344: 2338: 2337: 2335: 2334: 2329: 2324: 2318: 2316: 2312: 2311: 2309: 2308: 2303: 2298: 2292: 2290: 2281: 2275: 2274: 2271:Third Worldism 2263: 2262: 2255: 2248: 2240: 2231: 2230: 2228: 2227: 2215: 2202: 2199: 2198: 2196: 2195: 2190: 2184: 2182: 2173: 2172: 2170: 2169: 2164: 2159: 2154: 2148: 2146: 2144:Digital divide 2140: 2139: 2137: 2136: 2131: 2126: 2121: 2116: 2111: 2110: 2109: 2104: 2099: 2088: 2086: 2080: 2079: 2077: 2076: 2071: 2066: 2061: 2056: 2050: 2048: 2041: 2040: 2038: 2037: 2032: 2031: 2030: 2019: 2017: 2011: 2010: 2008: 2007: 2006: 2005: 2000: 1995: 1985: 1980: 1975: 1974: 1973: 1962: 1960: 1954: 1953: 1951: 1950: 1945: 1940: 1938:PPP per capita 1935: 1930: 1924: 1922: 1915: 1914: 1911: 1910: 1908: 1907: 1906: 1905: 1900: 1895: 1894: 1893: 1877: 1875: 1866: 1865: 1863: 1862: 1861: 1860: 1855: 1854: 1853: 1837: 1835: 1826: 1819: 1818: 1816: 1815: 1810: 1805: 1800: 1794: 1792: 1786: 1785: 1783: 1782: 1777: 1772: 1767: 1762: 1757: 1751: 1748: 1747: 1742: 1741: 1734: 1727: 1719: 1710: 1709: 1707: 1706: 1701: 1696: 1691: 1686: 1680: 1678: 1674: 1673: 1671: 1670: 1665: 1660: 1655: 1650: 1644: 1642: 1636: 1635: 1633: 1632: 1630:European Union 1626: 1624: 1623:Representative 1620: 1619: 1617: 1616: 1611: 1609:United Kingdom 1606: 1600: 1595: 1590: 1585: 1580: 1574: 1572: 1568: 1567: 1556: 1555: 1548: 1541: 1533: 1526: 1525: 1499: 1480: 1473: 1455: 1434: 1412: 1376: 1346: 1337: 1315: 1286: 1279: 1261: 1254: 1236: 1229: 1208: 1201: 1178: 1160: 1130: 1123: 1102: 1095: 1077: 1043: 1041: 1038: 1037: 1036: 1031: 1026: 1021: 1016: 1011: 997: 996: 992: 991: 986: 981: 976: 971: 966: 961: 956: 949: 946: 923: 920: 908:cost of living 898: 895: 873: 870: 840: 839: 836: 826: 820: 815: 812: 809: 806: 801: 787: 786: 783: 776: 768: 765: 762: 759: 756: 742: 741: 738: 731: 725: 722: 719: 716: 713: 699: 698: 695: 688: 682: 679: 676: 673: 670: 656: 655: 652: 645: 639: 636: 633: 630: 627: 613: 612: 607: 597: 591: 586: 583: 578: 575: 561: 560: 557: 550: 544: 541: 536: 533: 528: 523: 509: 508: 505: 498: 492: 489: 486: 481: 478: 464: 463: 458: 451: 445: 442: 439: 436: 433: 428: 414: 413: 410: 403: 395: 392: 387: 384: 379: 374: 360: 359: 353: 343: 337: 326: 316: 305: 295: 290: 219: 216: 212:United Nations 153:Western Europe 141:GNI per capita 130:industrialized 104: 101: 95: 92: 71: 68: 44:classification 15: 9: 6: 4: 3: 2: 3729: 3718: 3715: 3713: 3710: 3708: 3705: 3703: 3700: 3698: 3695: 3694: 3692: 3669: 3666: 3665: 3663: 3659: 3653: 3650: 3648: 3645: 3643: 3640: 3638: 3635: 3633: 3630: 3628: 3625: 3623: 3620: 3618: 3615: 3613: 3610: 3608: 3605: 3603: 3600: 3598: 3595: 3593: 3590: 3588: 3585: 3583: 3580: 3578: 3575: 3574: 3572: 3568: 3562: 3559: 3557: 3554: 3552: 3549: 3547: 3544: 3542: 3539: 3538: 3536: 3532: 3526: 3523: 3522: 3520: 3516: 3510: 3507: 3506: 3504: 3500: 3494: 3491: 3489: 3486: 3485: 3483: 3479: 3473: 3470: 3468: 3465: 3463: 3460: 3458: 3455: 3453: 3450: 3449: 3447: 3443: 3437: 3434: 3432: 3429: 3427: 3424: 3422: 3419: 3417: 3414: 3412: 3409: 3408: 3406: 3402: 3396: 3393: 3391: 3388: 3386: 3383: 3381: 3378: 3376: 3373: 3371: 3368: 3366: 3363: 3361: 3358: 3356: 3353: 3352: 3350: 3346: 3340: 3337: 3335: 3332: 3330: 3327: 3325: 3322: 3320: 3317: 3315: 3312: 3310: 3307: 3305: 3302: 3301: 3299: 3295: 3289: 3286: 3284: 3281: 3279: 3276: 3275: 3273: 3269: 3263: 3260: 3258: 3257:African Union 3255: 3254: 3252: 3248: 3244: 3239: 3234: 3230: 3220: 3217: 3215: 3212: 3211: 3209: 3205: 3199: 3196: 3194: 3191: 3189: 3186: 3184: 3181: 3179: 3176: 3174: 3171: 3169: 3166: 3164: 3161: 3159: 3156: 3154: 3151: 3149: 3146: 3144: 3141: 3137: 3134: 3133: 3132: 3129: 3127: 3124: 3123: 3121: 3117: 3111: 3108: 3106: 3103: 3101: 3098: 3096: 3093: 3091: 3088: 3087: 3085: 3081: 3075: 3072: 3068: 3065: 3063: 3060: 3059: 3058: 3055: 3052: 3048: 3045: 3044: 3042: 3040: 3036: 3030: 3027: 3025: 3022: 3020: 3017: 3015: 3012: 3010: 3007: 3005: 3002: 3000: 2997: 2995: 2992: 2991: 2989: 2985: 2979: 2976: 2974: 2971: 2969: 2966: 2964: 2963: 2959: 2957: 2954: 2952: 2949: 2947: 2944: 2942: 2939: 2937: 2934: 2932: 2929: 2927: 2924: 2922: 2919: 2918: 2916: 2914: 2910: 2906: 2902: 2895: 2890: 2888: 2883: 2881: 2876: 2875: 2872: 2860: 2857: 2855: 2852: 2850: 2847: 2843: 2840: 2838: 2835: 2833: 2830: 2829: 2828: 2825: 2823: 2822:Brandt Report 2820: 2819: 2817: 2814: 2807: 2801: 2798: 2796: 2793: 2791: 2788: 2786: 2783: 2781: 2778: 2776: 2773: 2771: 2768: 2766: 2763: 2761: 2758: 2756: 2753: 2751: 2748: 2746: 2743: 2741: 2740:African Union 2738: 2736: 2733: 2731: 2728: 2726: 2723: 2721: 2718: 2716: 2713: 2711: 2708: 2706: 2703: 2701: 2698: 2696: 2693: 2691: 2688: 2686: 2683: 2682: 2680: 2675:Organizations 2672: 2666: 2663: 2661: 2658: 2656: 2653: 2649: 2646: 2645: 2644: 2641: 2637: 2634: 2633: 2632: 2631:Generic drugs 2629: 2628: 2626: 2624: 2623:Public health 2620: 2614: 2611: 2609: 2606: 2604: 2601: 2599: 2596: 2594: 2591: 2589: 2586: 2584: 2581: 2579: 2576: 2574: 2571: 2569: 2566: 2564: 2561: 2560: 2558: 2555: 2548: 2542: 2539: 2537: 2534: 2532: 2529: 2527: 2524: 2522: 2519: 2517: 2514: 2512: 2509: 2507: 2504: 2502: 2499: 2497: 2494: 2493: 2491: 2487: 2477: 2474: 2472: 2466: 2464: 2457: 2454: 2453: 2451: 2449: 2445: 2439: 2436: 2434: 2433:Globalization 2431: 2427: 2424: 2422: 2419: 2417: 2414: 2413: 2412: 2409: 2407: 2406:Multipolarity 2404: 2402: 2399: 2397: 2394: 2392: 2389: 2388: 2385: 2382: 2380: 2376: 2366: 2363: 2361: 2358: 2356: 2353: 2351: 2348: 2347: 2345: 2343: 2342:Worlds theory 2339: 2333: 2330: 2328: 2325: 2323: 2320: 2319: 2317: 2313: 2307: 2304: 2302: 2299: 2297: 2294: 2293: 2291: 2289: 2285: 2282: 2280: 2276: 2272: 2268: 2261: 2256: 2254: 2249: 2247: 2242: 2241: 2238: 2226: 2221: 2216: 2214: 2209: 2204: 2203: 2200: 2194: 2191: 2189: 2186: 2185: 2183: 2180: 2174: 2168: 2165: 2163: 2160: 2158: 2155: 2153: 2150: 2149: 2147: 2145: 2141: 2135: 2132: 2130: 2127: 2125: 2122: 2120: 2117: 2115: 2112: 2108: 2105: 2103: 2100: 2098: 2095: 2094: 2093: 2090: 2089: 2087: 2085: 2081: 2075: 2072: 2070: 2067: 2065: 2062: 2060: 2057: 2055: 2052: 2051: 2049: 2047: 2042: 2036: 2033: 2029: 2026: 2025: 2024: 2021: 2020: 2018: 2016: 2012: 2004: 2003:United States 2001: 1999: 1996: 1994: 1991: 1990: 1989: 1988:Minimum wages 1986: 1984: 1981: 1979: 1976: 1972: 1969: 1968: 1967: 1964: 1963: 1961: 1959: 1955: 1949: 1946: 1944: 1941: 1939: 1936: 1934: 1931: 1929: 1926: 1925: 1923: 1920: 1916: 1904: 1901: 1899: 1896: 1892: 1889: 1888: 1887: 1884: 1883: 1882: 1879: 1878: 1876: 1873: 1867: 1859: 1856: 1852: 1849: 1848: 1847: 1844: 1843: 1842: 1839: 1838: 1836: 1834: 1830: 1827: 1824: 1820: 1814: 1811: 1809: 1806: 1804: 1801: 1799: 1796: 1795: 1793: 1791: 1787: 1781: 1778: 1776: 1773: 1771: 1768: 1766: 1763: 1761: 1758: 1756: 1753: 1752: 1749: 1740: 1735: 1733: 1728: 1726: 1721: 1720: 1717: 1705: 1702: 1700: 1697: 1695: 1692: 1690: 1687: 1685: 1682: 1681: 1679: 1675: 1669: 1666: 1664: 1661: 1659: 1656: 1654: 1651: 1649: 1646: 1645: 1643: 1641: 1637: 1631: 1628: 1627: 1625: 1621: 1615: 1614:United States 1612: 1610: 1607: 1604: 1601: 1599: 1596: 1594: 1591: 1589: 1586: 1584: 1581: 1579: 1576: 1575: 1573: 1569: 1565: 1561: 1554: 1549: 1547: 1542: 1540: 1535: 1534: 1531: 1513: 1509: 1503: 1495: 1491: 1484: 1476: 1474:1-557-86316-4 1470: 1466: 1459: 1451: 1444: 1438: 1422: 1416: 1397: 1393: 1386: 1380: 1364: 1360: 1356: 1350: 1341: 1325: 1319: 1311: 1307: 1303: 1297: 1295: 1293: 1291: 1282: 1276: 1272: 1265: 1257: 1255:0-17-444706-X 1251: 1247: 1240: 1232: 1230:0-691-11633-4 1226: 1222: 1218: 1212: 1204: 1202:0-7546-4638-6 1198: 1194: 1193: 1185: 1183: 1174: 1170: 1164: 1148: 1141: 1134: 1126: 1120: 1116: 1109: 1107: 1098: 1092: 1088: 1081: 1065: 1061: 1057: 1051: 1049: 1044: 1035: 1032: 1030: 1027: 1025: 1022: 1020: 1017: 1015: 1012: 1010: 1006: 1002: 999: 998: 994: 993: 990: 987: 985: 982: 980: 977: 975: 974:Mechanization 972: 970: 967: 965: 962: 960: 957: 955: 952: 951: 945: 943: 938: 936: 931: 929: 919: 917: 913: 909: 905: 894: 892: 888: 884: 880: 869: 867: 861: 859: 855: 851: 847: 837: 830: 827: 821: 819: 816: 813: 810: 807: 805: 800: 788: 784: 777: 775: 769: 766: 763: 760: 757: 755: 743: 739: 732: 726: 723: 720: 717: 714: 712: 700: 696: 689: 683: 680: 677: 674: 671: 669: 657: 653: 646: 640: 637: 634: 631: 628: 626: 614: 611: 608: 601: 598: 592: 590: 587: 584: 582: 579: 576: 574: 562: 558: 551: 545: 542: 540: 537: 534: 532: 529: 527: 522: 510: 506: 499: 493: 490: 487: 485: 482: 479: 477: 465: 462: 459: 452: 446: 443: 440: 437: 434: 432: 431:Latin America 427: 415: 411: 404: 402: 396: 393: 391: 388: 385: 383: 380: 378: 375: 373: 362: 361: 357: 354: 351: 347: 344: 341: 338: 335: 330: 327: 324: 320: 317: 314: 309: 306: 303: 299: 298:GDP (nominal) 296: 294: 291: 288: 287: 284: 279: 277: 273: 269: 265: 261: 257: 253: 249: 245: 241: 237: 233: 229: 225: 215: 213: 209: 205: 201: 197: 193: 189: 185: 181: 176: 174: 173:United States 170: 166: 162: 158: 154: 150: 146: 142: 138: 134: 131: 126: 122: 118: 114: 110: 100: 91: 89: 85: 81: 77: 67: 65: 61: 57: 53: 49: 45: 42: 41:socioeconomic 38: 34: 30: 26: 22: 3570:Non–regional 2960: 2800:South Centre 2755:Colombo Plan 2365:Fourth World 2355:Second World 2326: 2279:Global South 1966:Average wage 1872:power parity 1813:Fourth World 1803:Second World 1774: 1668:South Africa 1516:. Retrieved 1511: 1502: 1494:The Guardian 1493: 1483: 1464: 1458: 1449: 1437: 1425:. Retrieved 1415: 1403:. Retrieved 1379: 1367:. Retrieved 1358: 1349: 1340: 1328:. Retrieved 1326:. World Bank 1318: 1305: 1270: 1264: 1245: 1239: 1220: 1211: 1191: 1172: 1163: 1153:28 September 1151:. Retrieved 1146: 1133: 1114: 1086: 1080: 1070:28 September 1068:. Retrieved 1064:the original 1059: 989:Second World 939: 932: 925: 912:trade unions 906:, where the 900: 875: 862: 843: 828: 817: 770: 609: 599: 588: 580: 538: 530: 526:Asia-Pacific 483: 460: 397: 389: 381: 372:South Africa 280: 264:South Africa 238:in 1961 and 228:South Africa 221: 177: 151:as those of 106: 97: 73: 64:urbanization 36: 32: 28: 24: 20: 18: 3278:Arab League 3271:Africa–Asia 3039:Geopolitics 3014:Least Great 2962:Realpolitik 2811:North–South 2554:development 2379:Geopolitics 2360:Third World 2350:First World 2288:Development 1933:Real income 1870:Purchasing 1808:Third World 1798:First World 1699:G4 (Europe) 1605:(suspended) 1173:photius.com 1009:Next Eleven 625:Philippines 585:14,594,460 358:as of 2022 311:(USD, 2024 169:New Zealand 125:South Korea 3691:Categories 2849:Fair trade 2837:World Bank 2677:and groups 2636:biosimilar 2426:Durban III 2097:by country 1898:per capita 1891:per capita 1881:By country 1858:per capita 1851:per capita 1841:By country 1571:G8 members 1040:References 918:movement. 916:fair trade 715:1,475,690 577:3,937,011 539:35,291,015 531:18,532,633 184:World Bank 70:Definition 62:, such as 52:economists 3240:by region 3024:Potential 2648:criticism 2552:Trade and 2421:Durban II 995:Groupings 897:Criticism 887:Sri Lanka 879:Argentina 833:very high 814:3,831,533 808:1,113,561 780:very high 764:1,644,322 721:4,720,542 711:Indonesia 692:very high 678:1,305,942 635:1,391,800 488:3,434,224 480:2,017,025 441:4,273,668 435:2,331,391 390:1,025,930 319:GDP (PPP) 276:Indonesia 165:Australia 121:Hong Kong 117:Singapore 82:(usually 3324:Mercosur 3297:Americas 3168:Polarity 3136:European 3047:American 3009:Emerging 3004:Regional 2956:Politics 2951:National 2946:Maritime 2926:Economic 2521:BancoSur 2416:Durban I 2396:Cold War 1677:See also 1427:18 April 1396:Archived 1369:20 April 948:See also 935:drug war 922:Problems 754:Thailand 672:445,519 668:Malaysia 352:, 2022) 342:2011–19 289:Country 171:and the 155:as well 3445:Eurasia 3207:Studies 3083:History 3074:Pacific 3062:Chinese 2921:Climate 2489:Finance 2315:Markets 1833:Nominal 1704:G4 (UN) 1588:Germany 1518:28 July 1359:IMF.org 1330:4 April 1306:imf.org 811:12,765 804:Eurasia 778:0.803 ( 758:548,890 733:0.713 ( 690:0.807 ( 675:13,315 647:0.710 ( 638:12,192 629:471,516 552:0.788 ( 535:13,136 500:0.781 ( 453:0.760 ( 449:(2019) 444:20,809 438:11,352 405:0.717 ( 382:373,233 218:Current 202:, like 190:by the 182:by the 3661:Global 3404:Europe 3250:Africa 3119:Theory 3067:Indian 2999:Middle 2987:Status 2931:Energy 2813:divide 2460:BASIC 2181:(NIIP) 2044:Other 2028:Europe 2015:Wealth 1998:Europe 1993:Canada 1971:Europe 1663:Mexico 1648:Brazil 1603:Russia 1583:France 1578:Canada 1471:  1405:3 June 1277:  1252:  1227:  1199:  1121:  1093:  1019:CIVETS 891:Russia 824:(2019) 822:41.9 818:43,921 799:Turkey 796:  773:(2019) 767:23,401 761:7,812 751:  729:(2018) 727:38.2 724:16,861 718:5,271 708:  686:(2019) 684:41.1 681:39,030 665:  643:(2019) 641:42.3 622:  604:medium 595:(2018) 589:10,123 570:  548:(2016) 546:38.5 543:25,015 518:  496:(2019) 491:25,963 484:15,249 476:Mexico 473:  447:44.9 426:Brazil 423:  400:(2018) 394:16,424 386:5,975 377:Africa 369:  293:Region 268:Brazil 260:Mexico 240:Mexico 224:Turkey 157:Canada 113:Taiwan 84:export 3057:Asian 3029:Super 3019:Great 2994:Small 2973:Smart 2968:Sharp 2913:Types 2468:BRIC 2448:BRICS 1958:Wages 1921:(GNI) 1874:(PPP) 1825:(GDP) 1658:India 1653:China 1598:Japan 1593:Italy 1446:(PDF) 1423:. IMF 1399:(PDF) 1388:(PDF) 1143:(PDF) 1014:BRICS 883:Egypt 872:Other 829:0.855 771:34.9 632:4,130 600:0.644 593:35.3 581:2,731 573:India 521:China 494:41.8 256:India 252:China 161:Japan 135:with 39:is a 35:) or 3612:G8+5 3348:Asia 2978:Soft 2941:Hard 2936:Food 2725:G-90 2720:G-11 2710:G-24 2695:G-15 2690:G-77 2496:Debt 2269:and 1694:G7+1 1640:G8+5 1562:and 1520:2013 1469:ISBN 1429:2023 1407:2024 1371:2022 1332:2012 1275:ISBN 1250:ISBN 1225:ISBN 1197:ISBN 1155:2020 1119:ISBN 1091:ISBN 1072:2020 1024:G8+5 1005:MINT 1001:BRIC 889:and 866:G8+5 838:2.1 785:3.7 740:5.0 735:high 697:4.4 654:5.7 649:high 559:4.4 554:high 507:1.2 502:high 455:high 412:1.1 407:high 398:64 266:and 244:G8+5 236:OECD 226:and 186:and 123:and 50:and 3627:G77 3622:G24 3617:G20 3051:Pax 2700:D-8 2685:G-5 1029:G20 610:7.5 461:1.0 350:HDI 334:IMF 323:IMF 313:IMF 302:IMF 272:G20 111:of 33:NIE 27:), 25:NIC 3693:: 3607:G8 3602:G7 3597:G4 3592:E9 1689:G7 1684:G6 1510:. 1492:. 1448:. 1390:. 1361:. 1357:. 1308:. 1304:. 1289:^ 1181:^ 1171:. 1145:. 1105:^ 1058:. 1047:^ 1007:/ 1003:/ 944:. 937:. 893:. 885:, 881:, 868:. 336:) 325:) 315:) 304:) 262:, 258:, 254:, 248:G8 214:. 175:. 167:, 163:, 159:, 119:, 115:, 3053:) 3049:( 2893:e 2886:t 2879:v 2259:e 2252:t 2245:v 1738:e 1731:t 1724:v 1552:e 1545:t 1538:v 1522:. 1496:. 1477:. 1431:. 1409:. 1373:. 1334:. 1312:. 1283:. 1258:. 1233:. 1205:. 1157:. 1127:. 1099:. 1074:. 835:) 831:( 782:) 737:) 694:) 651:) 606:) 602:( 556:) 504:) 457:) 409:) 348:( 31:( 23:(

Index

socioeconomic
classification
political scientists
economists
developing countries
industrialization
urbanization
developed country
economic growth
export
industrialization
Four Asian Tigers
Taiwan
Singapore
Hong Kong
South Korea
industrialized
developed countries
wealthy high-income economies
GNI per capita
East Asian economic tiger
developed countries
Western Europe
Canada
Japan
Australia
New Zealand
United States
high-income economies
World Bank

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

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