New Industrialized Countries Coralie, Dara, Alexiane, Caroline1

2 Definition NICs are countries whose economies have not yet reached a developed country status but have, in a macroeconomic sense, outpaced their developing counterparts.

Common features Strong political leaders with new measures A switch from agricultural to industrial economies, especially in the manufacturing sector An open-market economy Increasing of capital investment from foreign countries. Rapid growth of urban centers and population Emerging of middle class Coralie, Dara, Alexiane, Caroline3

4 Current NICs RegionsCountries AfricaSouth Africa North AmericaMexico South AmericaBrazil AsiaIndia China Indonesia Malaysia Philippines Thailand EuropeTurkey

Coralie, Dara, Alexiane, Caroline5 BRICS Brazil, Russia, China, India, joined together by an economist from the Goldman Bank in 2011 to show that the economies of this four countries are going to emerge and develop in a fast and short term. Today, South Africa has joined the BRIC and it became the BRICS.

Coralie, Dara, Alexiane, Caroline6 MIST In 2010, Goldman Sachs present four new countries with an acceleration growth : Mexico, Indonesia, South Korea and Turkey.

Coralie, Dara, Alexiane, Caroline7 The CIVETS are Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. This group contains the countries with an annual growth rate evaluated at 5% for the next twenty years. CIVETS The Next 11 are Egypt, Bangladesh, Iran, Indonesia, South Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam. They were established by Jim O'Neil in Their characteristics are a microeconomic stability, maturity of institutions, and the quality of the education system. Next 11

Coralie, Dara, Alexiane, Caroline8 Compare

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