The Philippines might only be able to break free from the “middle-income trap” in 2050 as it struggles to corner more ...

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 ...

From parents to teachers to policymakers to industry professionals – nobody is happy with the quality of public education. Yet, this has continued for decades. The majority of parents find no ...

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 at previously.

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.

Growth moved to an upward trajectory, averaging 7.4 per cent, during 2003-04 to 2010-11. However, post 2011-12, growth ...

Rathin Roy, economist and former member of the PM’s Economic Advisory Council, said the growth model which had relied on 10 ...

China’s announcement on January 17th that its economy had grown by an estimated 5% in 2024, right on target, was greeted with ...

With its business and investment climate improving, Vietnam has created a big impression on the international community, ...