How to escape the middle income trap: international evidence from a binary dependent variable model

The middle-income trap refers to an economic situation at which a country gets stuck when it achieves the middle-income status. According to Rigg et al. (2014), there are 28 countries which by 1987 had attained middle-income status but in 2012 still remained in this middle-income category. In this c...

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Bibliographic Details
Main Author: Can Tansel TUĞCU
Format: Article
Language:English
Published: General Association of Economists from Romania 2015-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1056.pdf