Avoiding the Middle-Income Trap in Asia: The Role of Trade, Manufacturing, and Finance - Couverture souple

Couverture souple

ISBN 10 : 4899740794 ISBN 13 : 9784899740797

Editeur : ASIAN DEVELOPMENT BANK INSTITUTE, 2019

Synopsis

Avoiding the "middle-income trap" has become a major topic in the economic literature and a key concern for policy makers, even though a precise definition of it and empirical evidence for it remain elusive. The basic argument is that growth in high-income countries differs qualitatively from that of middle-income countries, and hence requires different factor endowments, industrial structures, and policies. Increased capacity to innovate and economic reforms are seen as vital to support higher value-added production. Since achievement of high-income status is a key goal of many policy makers, understanding the factors that hinder or support this transition becomes important. This volume presents recent research related to the middle-income trap, with a focus on the experience of the People's Republic of China, whose policy makers show great interest in the question.

A propos du livre

À propos de l?auteur

Naoyuki Yoshino is dean of the Asian Development Bank Institute.

Peter J. Morgan is senior consulting economist and co-chair, Research, at the Asian Development Bank Institute.

Guanghua Wan is principal economist of the Economic Research and Regional Cooperation Department at the Asian Development Bank.

Bihong Huang is a research fellow at the Asian Development Bank Institute.

Détails de l'édition

• Éditeur: ASIAN DEVELOPMENT BANK INSTITUTE
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 4899740794
• ISBN 13: 9784899740797
• Reliure: Broché
• Nombre de pages: 416
• Éditeur: Yoshino Naoyuki, Morgan Peter J., Wan Guanghua, Huang Bihong
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible