Showing posts with label Mark Fabian. Show all posts
Showing posts with label Mark Fabian. Show all posts
Wednesday, 14 December 2016
Tuesday, 21 June 2016
Thursday, 28 April 2016
Generalising the middle income trap (Mark Fabian, ANU, East Asia Forum)
The middle income trap has recently come (back) into vogue as a theoretical construct for understanding why some countries seem to stagnate at the middle-income level. The middle-income range is relatively common among contemporary emerging markets globally, so it is not surprising that ‘trap’ discussions focus on this income bracket. But middle income trap theory also holds some very valuable lessons for development policy more generally, at all income levels.
http://www.eastasiaforum.org/2016/04/28/generalising-the-middle-income-trap/
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