There is growing evidence that overcoming the low-income threshold
and reaching middle-income status is not sufficient for countries
to converge toward high-income levels. Few middle-income countries
have successfully completed that transit in recent decades, with
the majority remaining in the middle-income group, and so facing
what has come to be called "the middle-income trap". It is
therefore essential to explore whether middle-income traps really
exist and, if they do, how these pitfalls are manifested, what
their causes are, what economic policy measures are required to
escape from them, and what international cooperation can do to
support this process. Trapped in the Middle? brings together
diverse perspectives on these important questions, providing new
evidence and analytical approaches to enrich the debate on the
domestic and international challenges faced by a significant number
of middle-income countries, in which over three-quarters of the
global population live.
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