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Type: BOOK - Published: 2017-12-26 - Publisher: Asian Development Bank
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
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The growth model of the People�s Republic of China (PRC) has been based on high investment and exports, a low-cost advantage, and government interventions. Th
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Type: BOOK - Published: 2020-10-06 - Publisher: Palgrave Macmillan
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