Middle-income Trap Holds Back Asia’s Potential New Tiger Economies: 12 Things to Know

After years of rapid growth, many countries in Asia have advanced to middle-income status. The transition from middle income to high income, however, can be a slow process. Here are 12 things to know about overcoming the so-called middle-income trap in the region.

 http://www.adb.org/features/middle-income-trap-holds-back-asias-potential-new-tiger-economies-12-things-know

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