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 ...

In the bustling corridors of the World Bank's Annual Meetings this past October, a diverse group of finance ministers and policymakers from across the globe convened to tackle a pressing issue: the ...

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.

The World Bank recently announced that 34 economies have achieved high-income status in recent decades, suggesting that the middle-income trap may not be as formidable as many believed. But this ...

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 ...

With the risk of India getting stuck in the middle-income trap, the government is working on a detailed report on how to avoid such a situation. Sources told TNIE that India has only 20 years left to ...

It is well and good for Prime Minister Anwar Ibrahim, who is also the finance minister, to speak of the urgency for Malaysia to break out of the middle-income country stranglehold. The issue of middle ...

Earlier this week, the Philippines had the honor of hosting the High-Level Conference of Middle-Income Countries (MICs), which convened more than 200 delegates from 24 countries and 77 stakeholder ...