منابع مشابه
APEC 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...
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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...
متن کاملThe Nature and Avoidance of the “ Middle Income Trap ”
The “middle income trap” is a significant theoretical and practical issue closely related to the economic and social transition and sustainable development of a country. This paper explores the essence of the “middle income trap” and ways to avoid it. It reveals that the inner nature of the “middle income trap” lies in the institutional transition dilemma, which results essentially from a lack ...
متن کاملAvoiding Middle-income Trap in Muslim Majority Countries: The Effect of Total Factor Productivity, Human Capital, and Age Dependency Ratio
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 کاملThe Implications of Global Neurosurgery for Low- and Middle-Income Countries. The Case of Cameroon.
The unequal distribution of neurosurgical resources and diseases in the world contributes to inequality. Eight in ten neurosurgical cases needing essential neurosurgical care are found in low- and middle-income countries (LMICs); however, LMICs lack the neurosurgical resources to address these needs. Besides, where neurosurgical care is available, it is not financially accessible to the majorit...
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ژورنال
عنوان ژورنال: Business and Economics Research Journal
سال: 2020
ISSN: 1309-2448
DOI: 10.20409/berj.2019.219