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Four Ways Asia Can Avoid the ‘Middle-Income Trap’ – Southeast Asia Real Time – WSJ

30/04/2013 by Céline Boileau in Non classé

Asia’s emerging economies have lapped the developed world in recent years, posting strong economic growth that has lifted millions of people out of poverty and created burgeoning middle classes that are fueling local consumption. But is emerging Asia – defined by the International Monetary Fund as China, India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam – in danger of falling into the “middle-income” trap?
Four Ways Asia Can Avoid the ‘Middle-Income Trap’ – Southeast Asia Real Time – WSJ.

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