Overcoming the Middle-income Trap
Venue - APO SecretariatThis P-Talk highlights the challenges that middle-income APO members may encounter during their development process toward the higher-income ranks. Dr. Kenichi Ohno shares insights into patterns of productivity convergence and signs of the middle-income trap. Examples of industrial policies and strategies to avoid the middle-income trap are elaborated. Policy implications for APO middle-income members to […]