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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
Csáki, György
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China, global value chains, and the middle-income trap
Whether China can avoid the middle-income trap has been the subject of extensive research. Currently classified as an upper middle-income country, China increasingly exhibits similar characteristics as countries currently experiencing the middle-income ...
Michael Murphree, Dan Breznitz
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China in the Middle-Income Trap? [PDF]
Over the last decade, a growing body of literature dealing with the phenomenon of the “middle-income trap” (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a considerably short amount of time, but have not been able to further catch up to the ...
Glawe, Linda, Wagner, Helmut
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Avoiding Middle-income Trap in Muslim Majority Countries: The Effect of Total Factor Productivity, Human Capital, and Age Dependency Ratio [PDF]
In 2010, the World Bank categorized countries in per capita gross domestic product in terms of purchasing power parity (at constant 1990 prices) in three categories: low, middle (lower and upper) and high income.
Seyyed Hossein Mirjalili +2 more
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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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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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The Deep Determinants of the Middle-Income Trap [PDF]
The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and institutions have
Glawe, Linda, Wagner, Helmut
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