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]
|Collections||ANU Press (1965-Present)|
|Source:||East Asia Forum Quarterly|
|Access Rights:||Open Access via publisher website|
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