01.18.2018 - By EBRD
In the new episode of our ‘Pocket Economics’ podcast, we discuss the ‘middle-income trap’, namely the state of affairs whereby a developing economy becomes stuck at a certain level of income and cannot join the ranks of advanced, high income economies.
Is the ‘middle-income trap’ a myth or in fact a reality afflicting many countries? Listen to Alexander Plekhanov in conversation with Jonathan Charles.