Middle-Income Traps: A Conceptual and Empirical Survey
2015 ◽
Vol 06
(03)
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pp. 1550013
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Keyword(s):
The term "middle-income trap" has entered common parlance in the development policy community, despite the lack of a precise definition. This paper discusses in more detail the definitional issues associated with the term. It also provides evidence on whether the growth performance of middle-income countries (MICs) has been different from other income categories, including historical transition phases in the inter-country distribution of income. A transition matrix analysis and an exploration of cross-country growth patterns provide little support for the existence of a middle-income trap.
Keyword(s):
2020 ◽
2017 ◽
Vol 27
(1)
◽
pp. 29-39
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2017 ◽
Vol 8
(1)
◽
pp. 58-70
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2013 ◽
Vol 17
(9)
◽
pp. 2131-2137
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Keyword(s):
Keyword(s):
2020 ◽
Vol ahead-of-print
(ahead-of-print)
◽