The Middle‑Income Trap: Comparing Asian and Latin American Experiences
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Chinese Taipei; Hong Kong, China; Korea and Singapore (the East Asian Newly Industrialised Countries or
NICs) have been successful in attaining income convergence with high-income countries while Latin American
countries remain caught in the Middle-Income Trap.The East Asian NICs pursued export-led growth by targeting strategic industries which...
