Posts Tagged
middle-class countries
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Escaping the Dreaded National Middle-Income Trap: Noah Smith
published Sep 1st 2016, 1:37 pm, by Noah Smith (Bloomberg View) — In the age of colonialism, there were mainly two kinds of countries: empires that controlled their economic destinies, and colonies, which were denied the chance to industrialize. After World War II and the end of colonialism, a different