Avoiding middle-income growth traps (English)

Since the 1950s, rapid growth has allowed a significant number of countries to reach middle-income status; yet, very few have made the additional leap needed to become high-income economies. Rather, many developing countries have become caught in what has been called a middle-income trap, characterized by a sharp deceleration in growth and in the pace of productivity increases. Drawing on the findings of a recently released working paper (Agenor and...

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Author

Agenor,Pierre-Richard;

Canuto,Otaviano;

Jelenic,Michael Christopher;
Document Date
2012/11/01
Document Type
Brief
Report Number
73792
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2012/11/20
Disclosure Status
Disclosed
Doc Name
Avoiding middle-income growth traps
Keywords
Poverty Reduction & Economic Management

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Citation

Agenor,Pierre-Richard; Canuto,Otaviano; Jelenic,Michael Christopher.

Avoiding middle-income growth traps (English). Economic premise ; no. 98 Washington DC : World Bank.. http://documents.worldbank.org/curated/en/422121468155111398

Avoiding middle-income growth traps (English)

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