The concept of the middle‐income trap (MIT) continues to pose significant challenges for countries undergoing rapid industrialisation and economic reform. This phenomenon refers to the stage where ...

One of the great questions facing China is whether or not its economy can continue to produce the rapid gains in welfare for its giant population that the country has witnessed over the past 30 years.

Amid growing global economic uncertainty, the Indonesian government has once again reaffirmed its ambition to break free ...

Today, China hovers at a precarious threshold, with a per capita income of roughly $10,000. Historical data shows this is a ...

A couple weeks ago, I mused a bit about how developing countries graduate into the leagues of the world’s richest nations, specifically looking at the case of Malaysia. That country has been stuck at ...

Bangladesh's new cabinet takes charge at a critical economic crossroads. As the country strives for inclusive growth, it faces the daunting middle-income trap. This is a stage where traditional, ...

With its GNI per capita having increased steadily in recent years, China has probably evaded the middle-income trap. But the country may yet find itself ensnared in a kind of economic Thucydides trap: ...

Senior Congress leader P Chidambaram on Sunday asserted that the growth rate of 6.5 per cent was not a moment of celebration, but it was telling of India being stuck in the lower-middle income trap ...

Can India avoid the dreaded middle-income trap that has ensnared so many other developing countries in Latin America and Southeast Asia? Its favorable demographics, steadily improving economic ...

As India nears the $3,000 per capita mark, a coordinated push in skills, clean energy and AI could help it leapfrog the ...