Middle-Income Trap: A Literature Review
The main aim of this paper is to analyze the theoretical and empirical dimensions of a relatively new phenomenon in economics literature, namely “Middle-Income Trap”, which was firstly discussed by Gill and Kharas (2007). In general, this phenomenon is related to middle-income economies which have s...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Selcuk University Press
2019-11-01
|
| Series: | Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/865233 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841561974676127744 |
|---|---|
| author | Fatih Karasaç Ahmet Burçin Yereli Fatih Akbayır |
| author_facet | Fatih Karasaç Ahmet Burçin Yereli Fatih Akbayır |
| author_sort | Fatih Karasaç |
| collection | DOAJ |
| description | The main aim of this paper is to analyze the theoretical and
empirical dimensions of a relatively new phenomenon in economics literature,
namely “Middle-Income Trap”, which was firstly discussed by Gill and Kharas
(2007). In general, this phenomenon is related to middle-income economies which
have several difficulties in exceeding a certain level of per capita income. In
this regard, most of the studies focus on developing countries and
theoretically scrutinize the key
factors behind this vicious circle. Accordingly, these studies also offer
policy implications associated with issues like productivity, quality of
education and technological progress. On the empirical side, most of the
studies draw more attention to Thailand, Mexico, Brazil and Malaysia as
these countries desperately struggle to escape from this trap. |
| format | Article |
| id | doaj-art-09a7a75cc044431c91a12bc85541f80f |
| institution | Kabale University |
| issn | 2564-7458 |
| language | English |
| publishDate | 2019-11-01 |
| publisher | Selcuk University Press |
| record_format | Article |
| series | Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi |
| spelling | doaj-art-09a7a75cc044431c91a12bc85541f80f2025-01-03T01:16:49ZengSelcuk University PressSelçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi2564-74582019-11-0122295096410.29249/selcuksbmyd.620071154Middle-Income Trap: A Literature ReviewFatih Karasaç0Ahmet Burçin Yereli1Fatih Akbayır2KIRKLARELİ ÜNİVERSİTESİHACETTEPE ÜNİVERSİTESİKARAMANOĞLU MEHMETBEY ÜNİVERSİTESİThe main aim of this paper is to analyze the theoretical and empirical dimensions of a relatively new phenomenon in economics literature, namely “Middle-Income Trap”, which was firstly discussed by Gill and Kharas (2007). In general, this phenomenon is related to middle-income economies which have several difficulties in exceeding a certain level of per capita income. In this regard, most of the studies focus on developing countries and theoretically scrutinize the key factors behind this vicious circle. Accordingly, these studies also offer policy implications associated with issues like productivity, quality of education and technological progress. On the empirical side, most of the studies draw more attention to Thailand, Mexico, Brazil and Malaysia as these countries desperately struggle to escape from this trap.https://dergipark.org.tr/tr/download/article-file/865233büyüme yavaşlamasıorta gelir tuzağıgelişmekte olan ülkelergrowth slowdownmiddle-income trapdeveloping countries |
| spellingShingle | Fatih Karasaç Ahmet Burçin Yereli Fatih Akbayır Middle-Income Trap: A Literature Review Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi büyüme yavaşlaması orta gelir tuzağı gelişmekte olan ülkeler growth slowdown middle-income trap developing countries |
| title | Middle-Income Trap: A Literature Review |
| title_full | Middle-Income Trap: A Literature Review |
| title_fullStr | Middle-Income Trap: A Literature Review |
| title_full_unstemmed | Middle-Income Trap: A Literature Review |
| title_short | Middle-Income Trap: A Literature Review |
| title_sort | middle income trap a literature review |
| topic | büyüme yavaşlaması orta gelir tuzağı gelişmekte olan ülkeler growth slowdown middle-income trap developing countries |
| url | https://dergipark.org.tr/tr/download/article-file/865233 |
| work_keys_str_mv | AT fatihkarasac middleincometrapaliteraturereview AT ahmetburcinyereli middleincometrapaliteraturereview AT fatihakbayır middleincometrapaliteraturereview |