India’s economy is at a crossroads as it confronts the middle-income trap, a challenge faced by many developing nations. This video explores the risks and opportunities ahead. Understanding this trap ...
One of the great questions facing China is whether or not its economy can continue to produce the rapid gains in welfare for its giant population that the country has witnessed over the past 30 years.
Malaysia faces a real risk of a middle-income trap due to stagnant wages, brain drain, and over-reliance on depleting oil revenues. Despite attractive valuations and a diversified economy, structural ...
With its GNI per capita having increased steadily in recent years, China has probably evaded the middle-income trap. But the country may yet find itself ensnared in a kind of economic Thucydides trap: ...
ASEAN’s middle-income economies face mounting challenges escaping economic stagnation due to weak institutions, limited domestic innovation and over-reliance on foreign multinationals. Unlike ...