The middle-income trap : some Asian experiences and lessons

Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

Abstract

What explains why only a handful of countries which have attained middle-income level have subsequently been successful in attaining income convergence with high-income countries, while most of their peers falter? The problem most face has been labelled as the “Middle-Income Trap.” How, precisely, does the trap impact once-promising economies, and can China, the world’s second largest economy, escape the trap? Are there examples China can emulate? The following pages elucidate these issues.
Original languageEnglish
Pages (from-to)19-28
Number of pages10
JournalAsia Pacific World
Volume4
Issue number2
Publication statusPublished - 1 Sep 2013
Externally publishedYes

Fingerprint

Asia
Trap
Income
China
Income level
Income convergence
Large economy
Peers

Cite this

@article{8463d808b3ec42dba931dba20ad7ea81,
title = "The middle-income trap : some Asian experiences and lessons",
abstract = "What explains why only a handful of countries which have attained middle-income level have subsequently been successful in attaining income convergence with high-income countries, while most of their peers falter? The problem most face has been labelled as the “Middle-Income Trap.” How, precisely, does the trap impact once-promising economies, and can China, the world’s second largest economy, escape the trap? Are there examples China can emulate? The following pages elucidate these issues.",
author = "SHARMA, {Shalendra D.}",
year = "2013",
month = "9",
day = "1",
language = "English",
volume = "4",
pages = "19--28",
journal = "Asia Pacific World",
issn = "2042-6143",
number = "2",

}

The middle-income trap : some Asian experiences and lessons. / SHARMA, Shalendra D.

In: Asia Pacific World, Vol. 4, No. 2, 01.09.2013, p. 19-28.

Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

TY - JOUR

T1 - The middle-income trap : some Asian experiences and lessons

AU - SHARMA, Shalendra D.

PY - 2013/9/1

Y1 - 2013/9/1

N2 - What explains why only a handful of countries which have attained middle-income level have subsequently been successful in attaining income convergence with high-income countries, while most of their peers falter? The problem most face has been labelled as the “Middle-Income Trap.” How, precisely, does the trap impact once-promising economies, and can China, the world’s second largest economy, escape the trap? Are there examples China can emulate? The following pages elucidate these issues.

AB - What explains why only a handful of countries which have attained middle-income level have subsequently been successful in attaining income convergence with high-income countries, while most of their peers falter? The problem most face has been labelled as the “Middle-Income Trap.” How, precisely, does the trap impact once-promising economies, and can China, the world’s second largest economy, escape the trap? Are there examples China can emulate? The following pages elucidate these issues.

UR - http://commons.ln.edu.hk/sw_master/25

M3 - Journal Article (refereed)

VL - 4

SP - 19

EP - 28

JO - Asia Pacific World

JF - Asia Pacific World

SN - 2042-6143

IS - 2

ER -