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.

In the bustling corridors of the World Bank's Annual Meetings this past October, a diverse group of finance ministers and policymakers from across the globe convened to tackle a pressing issue: the ...

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 ...

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 ...

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

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 ...

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 ...

Sarawak needs highly skilled and innovative workforce to drive its economy forward and avoid the middle-income trap. Premier ...