Middle-Income Traps : A Conceptual and Empirical Survey

Middle-Income Traps : A Conceptual and Empirical Survey

In recent years, the term "middle-income trap" has entered common parlance in the development policy community. The term itself often has not been precisely defined in the incipient literature. This paper discusses in more detail definiti...

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Bibliographic Details
Main Authors:	Im, Fernando Gabriel, Rosenblatt, David
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCELERATORS AVERAGE GROWTH AVERAGE INCOME AVERAGE INCOMES BENCHMARK BUSINESS CYCLE CAPITA GROWTH CAPITAL ACCUMULATION CONDITIONAL CONVERGENCE CONSTANT RETURNS CONSTANT RETURNS TO SCALE CONVERGENCE PROCESS COUNTRY CLASSIFICATIONS DATA SET DEBT DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT OUTCOMES DEVELOPMENT POLICY DEVELOPMENT STRATEGY DIFFERENCES IN INCOME DISTRIBUTION OF INCOME ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC GROWTH RATES ECONOMIC HISTORY ECONOMIC INDICATORS ECONOMIC OUTCOMES ECONOMIC POLICY ECONOMIC PROGRESS ECONOMIC STRUCTURE ECONOMICS LITERATURE EMPIRICAL EVIDENCE EMPIRICAL LITERATURE EMPIRICAL REGULARITY EXCHANGE RATES EXTERNALITY FINANCIAL CRISIS FINANCIAL MARKETS FLUCTUATIONS GDP GDP PER CAPITA GROWTH INCREASES GROWTH MODELS GROWTH RATE GROWTH RATES GROWTH VOLATILITY HIGH INCOME HIGH INCOME COUNTRIES HIGH INCOME COUNTRY HISTORICAL PERSPECTIVE HOUSEHOLD INCOME HUMAN CAPITAL INCOME INCOME DISTRIBUTION INCOME DYNAMICS INCOME GROUP INCOME GROUPS INCOME GROWTH INCOME LEVELS INDIVIDUAL COUNTRIES INFANT MORTALITY INSTITUTIONAL DEVELOPMENT INTERNATIONAL MONETARY FUND INVESTMENT CLIMATE LEVEL OF INCOME LIC LIFE EXPECTANCY LOW INCOME LOW INCOME COUNTRIES MACROECONOMIC STABILITY MEASUREMENT ERROR MEDIAN INCOME MIDDLE CLASS MIDDLE INCOME MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY MIDDLE-INCOME COUNTRIES MORTALITY RATES MULTIPLE EQUILIBRIA NATIONAL INCOME NEGATIVE SHOCKS NEOCLASSICAL GROWTH NEOCLASSICAL GROWTH MODEL PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES POLICY DETERMINANTS POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY RESEARCH POSITIVE GROWTH POVERTY MEASUREMENT PRODUCTIVITY GROWTH PUBLIC INFRASTRUCTURE PURCHASING POWER PURCHASING POWER PARITY RATE OF GROWTH REAL GDP RELATIVE DISTRIBUTION RELATIVE INCOME RELATIVE INCOME DISTRIBUTION RELATIVE INCOMES SECONDARY ENROLLMENT SKILLED LABOR SOCIAL OUTCOMES STAGNATION STANDARD DEVIATION STANDARD OF LIVING TOTAL FACTOR PRODUCTIVITY VOLATILITY WAGES WELFARE ECONOMICS
Online Access:	http://documents.worldbank.org/curated/en/2013/09/18220959/middle-income-traps-conceptual-empirical-survey http://hdl.handle.net/10986/16045

Internet

http://documents.worldbank.org/curated/en/2013/09/18220959/middle-income-traps-conceptual-empirical-survey
http://hdl.handle.net/10986/16045

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