THE MIDDLE-INCOME TRAP: More Politics than Economics
THE MIDDLE-INCOME TRAP: More Politics than Economics
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Cambridge University Press
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Language
English
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Publisher
Cambridge University Press
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Contents
Economists have identified the existence of a middle-income (MI) trap but have yet to analyze the politics of this trap. The authors argue that countries in the MI trap face two major institutional and political challenges. First, the policies necessary to upgrade productivity—as in human capital and innovation—require enormous investment in instit...
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Full title
THE MIDDLE-INCOME TRAP: More Politics than Economics
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TN_cdi_crossref_primary_10_1017_S0043887116000095
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1017_S0043887116000095
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ISSN
0043-8871
E-ISSN
1086-3338
DOI
10.1017/S0043887116000095