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Stuck in the middle?


Most of the world’s population lives in middle-income countries— neither very rich nor very poor. While middle-income countries are full of economic opportunities, the way up to higher incomes and living standards is not straightforward. Homi Kharas and Indermit Gill coined the term ‘middle income trap’ a decade ago to describe the hazards. The aphorism caught on, a worry for policymakers and a puzzle for debate among the analysts. To get out of the middle income trap countries have to...[Show more]

CollectionsANU Press (1965-Present)
Date published: 2016-03
Type: Magazine issue
Source: East Asia Forum Quarterly
DOI: 10.22459/EAFQ.08.01.2016
Access Rights: Open Access via publisher website


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