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Asia and the Middle-Income Trap

Asia and the Middle-Income Trap

Hardcover

Series: Paftad (Pacific Trade and Development Conference Series)

Economics

ISBN10: 1138935115
ISBN13: 9781138935112
Publisher: Routledge
Published: Jun 30 2016
Pages: 246
Weight: 1.10
Height: 0.70 Width: 6.40 Depth: 9.20
Language: English

This book sets outs the conceptual underpinnings of the Middle-Income Trap and explores the various ways it can be defined. It also focuses on the debate surrounding the Middle-Income Trap which questions the appropriate institutional and policy settings for middle-income countries to enable them to continue past the easy phase of economic growth. The book engages with this debate by investigating the role of institutions, human capital, and trade policy in helping countries increase their income levels and by highlighting factors which enable the shift to higher and qualitatively better growth.

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