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Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the facto

The term ‘Middle-Income Trap’ refers to countries which stagnate economically after reaching a certain level of per capita income on the basis of labour- an

This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many deve

This interdisciplinary volume addresses the special challenges that middle-income countries confront from both a theoretical and a practical perspective.

This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy pr