Results 11 to 20 of about 5,215 (260)
Middle-Income Trap and the Baltic States: Common Challenges, Different Strategies*
The paper contributes to further advancing research on the middle-income trap in the Baltic States. It argues, first, that while the Baltic States have already surpassed income levels associated with the middle-income trap and continue converging with ...
Marius Kalanta
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Escaping the middle-income trap: A study on a developing economy
Middle-Income Trap (MIT) is a phenomenon wherein a nation finds itself unable to progress from a middle-income status to a high-income economy. Despite Bangladesh’s rapid economic growth as a developing economy following its transition to the lower ...
Md. Jaber Al Islam +5 more
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Development of the digital economy, transformation of the economic structure and leaping of the middle-income trap [PDF]
Purpose – Currently, China’s economy is in the critical phase of transforming economic development patterns and replacing old growth drivers with new ones.
Yudong Qi, Xi Chu
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Middle-income transitions: trap or myth? [PDF]
ABSTRACTThe newly coined term ‘middle-income trap’ has been widely used in recent years by policymakers to refer to those middle-income economies that seem to be stuck in the middle-income range of the income distribution. This has been done despite that there is no accepted definition of the term in the literature.
Felipe, Jesus +2 more
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On the Existence of a Middle Income Trap [PDF]
The term "middle income trap"' has been widely used in the literature, without having been clearly defined or formally tested. We propose a statistical definition of a middle income trap and derive a simple time-series test. We find that the concept survives a rigorous scrutiny of the data, with the growth patterns of 19 countries being consistent with
Peter E. Robertson, Longfeng Ye
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Demographic Dividends and Economic Growth in Latin America
The objective of this paper is to analyze the possibility of a low and middle-income trap for the Latin American countries due to demographic changes.
Ignacio Apella
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Middle-Income Trap - Threat or Reality
The middle-income trap (MIT) describes obstacles to sustainable growth experienced by some middle-income countries. The initial growth of emerging economies is often characterized by reliance on labor intense, import driven factors, facilitated by foreign direct investment (FDI).
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The Middle-Income Trap Turns Ten [PDF]
Since we introduced the term “middle-income trap” in 2006, it has become popular among policy makers and researchers. In May 2015, a search of Google Scholar returned more than 3,000 articles including the term and about 300 articles with the term in the title. This paper provides a (non-exhaustive) survey of this literature.
Kharas, Homi, Gill, Indermit S.
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One of the Sustainable Development Goals (SDGs) of the United Nations is to promote, sustained, inclusive, and sustainable economic growth. However, it is observed that many countries struggle to move up from the middle-income to high-income level ...
Veli Yilanci +2 more
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Middle-income trap has become a very popular narrative to explain the fact, that while it is relatively “easy” to catch up from low to middle-income level, it has been very hard and rare to emerge from the middle-income status into a highly developed economy. The question is, how to escape this trap? why some countries have been successful although the
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