Escaping the Middle-Income Trap
by
Hartmut Elsenhans, Salvatore Babones
Language: English
Release Date: September 12, 2017
Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment...