Middle income trap and factors affecting the risk of growth slowdown in upper middle income countries
نویسندگان
چکیده
منابع مشابه
The Effect of Financial development and Trade liberalization on Eeconomic growth In Upper Middle Income Countries
Abstract For more than a decade now, Various efforts have been put in place by various governments of developing economies to promote economic growth. The impact of financial development and Trade liberalization on economic growth in the developing economies has been a subject of much debates and controversies. The contradictions in literature on the subject matter shows that these relationship...
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Background As middle-income countries become more affluent, economically sophisticated and productive, health expenditure patterns are likely to change. Other socio-demographic and political changes that accompany rapid economic growth are also likely to influence health spending and financial protection. Methods This study investigates the relationship between growth on per-capita healthcare...
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In 2010, the World Bank categorized countries in per capita gross domestic product in terms of purchasing power parity (at constant 1990 prices) in three categories: low, middle (lower and upper) and high income. If a country caught at least 28 years in lower middle income level and at least 14 years caught in upper middle-income level, then they are trapped in lower middle and upper middle...
متن کاملAPEC and the Middle Income Trap
The Middle Income Trap has come to dominate headlines and policy discussions in the Asia-Pacific. Recent research suggests that growth past a certain threshold requires a qualitative ‘shift’ as economies transition from labourand capital-intensive growth to productivityand technology-driven growth. However, while more and more countries have attained middle income levels, very few have been a...
متن کاملWill China Avoid the Middle-Income Trap?
This paper employs a historical approach to address whether a country can avoid the middle-income trap. The development of the manufacturing sector and technological capacities are important for a country to avoid the middle-income trap. South Korea avoided the middleincome trap through developing the manufacturing sector. Argentina became a middle-income country by exporting agricultural goods...
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ژورنال
عنوان ژورنال: Economics and Business Letters
سال: 2020
ISSN: 2254-4380
DOI: 10.17811/ebl.9.4.2020.350-360