Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies what developing economies can do to avoid the “middle-income trap.” ...

The concept of the "middle-income trap" refers to a situation where a country's growth slows after reaching middle-income status, preventing it from transitioning to high-income status.

The Philippines might only be able to break free from the “middle-income trap” in 2050 as it struggles to corner more job-generating foreign investments, Nomura said in a report that stressed how ...

IT MAY TAKE more than two decades before the Philippines can escape the “middle-income trap,” Nomura Global Markets Research said, citing the need to implement key reforms to boost investment-led ...

Fareed Zakaria said that China's economy is not going to grow any time at the six, seven, eight percent that it was growing ...

The middle-income trap may well characterize the experience of Brazil and most of Latin America since the 1980s. Conversely, South Korea maintained its pace of evolution, reaching a high-income ...

LOW labor productivity and educational development as well as weak rule of law continue to stall the country’s efforts to escape the Middle Income Trap, according to Nomura. Based on Nomura’s Middle ...

The term “middle-income trap” refers to the tendency of fast-growing developing economies to lose momentum well before they achieve high-income status. First introduced by World Bank economist ...

VOV.VN - After years of enjoying rapid development, Vietnam is at risk of falling into the middle-income trap and it is now ...

The “middle-income trap” has become a broad designation trying to capture the many cases of developing countries that succeeded in evolving from low- to middle-levels of per capita income ...