Avoiding the Middle-Income Trap in Asia: The Role of Trade, Manufacturing, and Finance - Softcover

Naoyuki Yoshino (editor), Peter J. Morgan (editor), Guanghua Wan (editor) & Bihong Huang (editor)

 
9784899740797: Avoiding the Middle-Income Trap in Asia: The Role of Trade, Manufacturing, and Finance
Softcover
ISBN 10: 4899740794 ISBN 13: 9784899740797
Publisher: Brookings Institution Press, 2018

Synopsis

Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the factors that hinder or support the transition. This book defines the middle-income trap and examines the roles of manufacturing, finance, and trade openness in achieving sustainable development. The book also explores the role of government policy in fostering growth in the People’s Republic of China. A common theme is that such policies may have unforeseen side effects that undermine their effectiveness, including how the hukou registration system and land-use policy control the pace of urbanization.

"synopsis" may belong to another edition of this title.

About the Author

Naoyuki Yoshino is dean of the Asian Development Bank Institute.

Peter J. Morgan is senior consulting economist and co-chair, Research, at the Asian Development Bank Institute.

Guanghua Wan is principal economist of the Economic Research and Regional Cooperation Department at the Asian Development Bank.

Bihong Huang is a research fellow at the Asian Development Bank Institute.

"About this title" may belong to another edition of this title.

Publisher
Brookings Institution Press
Publication date
2018
Language
English
ISBN 10 
4899740794
ISBN 13 
9784899740797
Binding
Paperback
Number of pages
416