The " newly-industrialised countries" of Asia in the world capitalist economy

In: Far Eastern affairs: a Russian journal on China, Japan and Asia-Pacific Region ; a quarterly publication of the Institute for Far Eastern Studies, Russian Academy of Sciences, Heft 3, S. 75-84

Abstract

The study explores the contradictory position of the five (South Korea, Taiwan, Hongkong, Malaysia and Singapore) Asian "newly-industrialised countries" (NICs) in the world capitalist economy. Their rapidly growing impact on the world capitalist economy. The international weight of the Asian NICs explained by their rapidly growing exports. Direct foreign investments in the economies of the Asian NICs. (DÜI-Sen)