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The middle-income trap : myth or reality? (English)

This note considers the most relevant literature and contends that, even if the ‘middle income trap’ is myth, it provides impetus for policy makers to reassess their strategies once the traditional sources of economic growth have diminished. ... See More +

Brief 104230 MAR 01, 2016

Larson,Gregory Michael; Loayza,Norman V.; Woolcock,Michael Disclosed