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Trapped in the Middle?

Trapped in the Middle?

Developmental Challenges for Middle-Income Countries

by José Antonio Alonso and José Antonio Ocampo
Hardback
Publication Date: 20/12/2020

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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.
ISBN:
9780198852773
9780198852773
Category:
Development economics & emerging economies
Format:
Hardback
Publication Date:
20-12-2020
Language:
English
Publisher:
Oxford University Press
Country of origin:
United Kingdom
Dimensions (mm):
23x162x242mm
Weight:
0kg

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