Avoiding the Middle-Income Trap in Asia: the Role of Trade, Manufacturing, and Finance
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Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the factors that hinder or support the transition. This book defines the middle-income trap and examines the roles of manufacturing, finance, and trade openness in achieving sustainable development.

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Produktbeschreibung
Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the factors that hinder or support the transition. This book defines the middle-income trap and examines the roles of manufacturing, finance, and trade openness in achieving sustainable development.
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Autorenporträt
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.