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.
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.