New situations facing the NICs in East Asia
- 1 November 1986
- journal article
- Published by Walter de Gruyter GmbH in Intereconomics
- Vol. 21 (6) , 263-268
- https://doi.org/10.1007/bf02925171
Abstract
The newly industrialising countries (NICs) in the East Asian region are beginning to be faced with serious problems: problems involved not only in moving from an easy phase of import substitution to a more difficult second stage, but also in progressing from the first to the second more demanding phase of export orientation. Professor Lorenz analyses this new situation.Keywords
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