Book Cover

Trapped in the Middle?: Developmental Challenges for Middle-Income Countries

Contributor(s): Alonso, José Antonio (Editor), Ocampo, José Antonio (Editor)

ISBN: 9780198852773

Publisher: Oxford University Press

Hardcover
$175.00
- +
Buy

Pub Date: December 20, 2020

Lexile Code: 0000

Target Age Group: NA to NA

Physical Info: 1.10" H x 9.30" L x 6.00" W ( 1.55 lbs) 368 pages

Series: Initiative for Policy Dialogue

Descriptions, Reviews, etc.

Description: There is growing evidence that overcoming the low-income threshold and reaching middle-income status is not sufficient for countries to converge toward high-income levels. Few middle-income countries have successfully completed that transit in recent decades, with the majority remaining in the middle-income group, and so facing what has come to be called "the middle-income trap". It is therefore essential to explore whether middle-income traps really exist and, if they do, how these pitfalls are manifested, what their causes are, what economic policy measures are required to escape from them, and what international cooperation can do to support this process. Trapped in the Middle? brings together diverse perspectives on these important questions, providing new evidence and analytical approaches to enrich the debate on the domestic and international challenges faced by a significant number of middle-income countries, in which over three-quarters of the global population live.

Product successfully added to cart!