Trapped in the Middle? "Developmental Challenges for Middle-Income Countries"

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Alonso, A., Ocampo, Jose Antonio

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ISBN:9780198852773
Editorial: Oxford University Press
Fecha de la edición:2020
Encuadernación:
Nº Pág.:368
Idiomas:Inglés,Ingles

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/ Estructura Económica

There is growing evidence that overcoming the low-income threshold and reaching middle-income status is not sufficient for countries to converge toward high-income levels. Few middle-income countries have successfully completed that transit in recent decades, with the majority remaining in the middle-income group, and so facing what has come to be called "the middle-income trap". It is therefore essential to explore whether middle-income traps really exist and, if they do, how these pitfalls are manifested, what their causes are, what economic policy measures are required to escape from them, and what international cooperation can do to support this process. Trapped in the Middle? brings together diverse perspectives on these important questions, providing new evidence and analytical approaches to enrich the debate on the domestic and international challenges faced by a significant number of middle-income countries, in which over three-quarters of the global population live.

1:Economic traps and progress in Middle-Income Countries: An Introduction, José Antonio Alonso and José Antonio Ocampo
2:Growth strategies to avoid the Middle-Income Traps, Homi Kharas and Indermit Gill
3:Innovation and the three detours for economic growth beyond the middle-income stage, Keun Lee
4:Is there an institutional trap in MICs?, José Antonio Alonso
5:Centripetal politics and institutional building in existing the middle-income traps, Richard Doner and Ben Ros Schneider
6:Citizen´s raising expectations: A call to rebuild the social contract, Mario Pezzini
7:Is there new capacity for redistribution to end poverty in MICs?, Christopher Hoy and Andy Sumner
8:Promoting universal social policy in MICs, Juliana Martínez Franzoni and Diego Sánchez-Ancochea
9:Employment and labour markets in MICs: How to cope with technological change and global challenges, Rolph Van Der Hoeven
10:Should middle-income countries implement environmental policies?, Emilio Padilla
11:National development finance in middle-income countries: The role of national development banks, Stephany Griffith-Jones
12:Middle-income countries and Multilateral Development Banks: Traps on the way to graduation, Otaviano Canuto, Matheus Cavallari and Tiago Ribeiro dos Santos
13:The disruptive role of MICs in the development cooperation system: Providers and recipients, José Antonio Alonso and Jonathan Glennie
14:Global value chains, Preferential Trade and the middle-income trap, Renato Baumann
15:Middle-income countries and the international monetary system, José Antonio Ocampo