Escaping the Middle-Income trap: Trade, Investment and Innovation

Shiro Armstrong; Tom Westland

doi:10.4324/9781315677606

Escaping the Middle-Income trap: Trade, Investment and Innovation

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

The Asia-Pacific region, especially East Asia, is home to a number of economies that have managed to graduate from middle-income status into the high-income group of economies. Starting with Japanï¿½s rapid rise from the ashes of World War II, South Korea, Taiwan and Singapore all successfully caught up to the techno - logical frontier, and their peoples enjoy high incomes. Only 13 of 101 countries globally have been able to move from middle-income to high-income status since 1960 and catch up to the technological frontier.

Original language	English
Title of host publication	Asia and the Middle-Income Trap (Pacific Trade & Development Conference Series - PAFTAD)
Editors	Francis E Hutchinson & Sanchita Basu Das
Place of Publication	New York
Publisher	Routledge, Taylor & Francis Group
Pages	207-224
Volume	1
Edition	1
ISBN (Print)	978-1-138-93511-2
DOIs	https://doi.org/10.4324/9781315677606
Publication status	Published - 2016

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10.4324/9781315677606

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Escaping the Middle-Income trap: Trade, Investment and Innovation. / Armstrong, Shiro ; Westland, Tom.
Asia and the Middle-Income Trap (Pacific Trade & Development Conference Series - PAFTAD). ed. / Francis E Hutchinson & Sanchita Basu Das. Vol. 1 1. ed. New York: Routledge, Taylor & Francis Group, 2016. p. 207-224.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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Escaping the Middle-Income trap: Trade, Investment and Innovation

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