Document Type
Journal article
Source Publication
Asia Pacific World
Publication Date
9-1-2013
Volume
4
Issue
2
First Page
19
Last Page
28
Publisher
International Association for Asia Pacific Studies
Abstract
What explains why only a handful of countries which have attained middle-income level have subsequently been successful in attaining income convergence with high-income countries, while most of their peers falter? The problem most face has been labelled as the “Middle-Income Trap.” How, precisely, does the trap impact once-promising economies, and can China, the world’s second largest economy, escape the trap? Are there examples China can emulate? The following pages elucidate these issues.
DOI
10.3167/apw.2013.040203
Print ISSN
20426143
E-ISSN
20426151
Publisher Statement
Copyright © 2013 Berghahn Journals
Access to external full text or publisher's version may require subscription.
Full-text Version
Accepted Author Manuscript
Language
English
Recommended Citation
Sharma, S. D. (2013). The middle-income tap: Some Asian experiences and lessons. Asia Pacific World, 4(2), 19-28. doi: 10.3167/apw.2013.040203