This paper discusses the causes of the middle-income trap in Latin America and the Caribbean, identifies the challenges and opportunities for Latin America that come from China's rise, and draws lessons from New Structural Economics and the Growth Identification and Facilitation Framework to help Latin America escape the middle-income trap. Countries in Latin America and the Caribbean are caught in a middle-income trap due to their inability to structurally...
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详细
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2012/08/01
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政策研究报告
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WPS6165
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1
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1
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2012/08/01
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Disclosed
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Learning from China's rise to escape the middle-income trap : a new structural economics approach to Latin America
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per capita income