Real Turkey video: Middle Income Trap: Why few escape?
mid-income
Middle Income Trap: Why few escape?
- Definition: Real income per capita is used, but not a very accurate measurement stick…
- An economic curiosity: Why Developing Nations can’t close the gap with Developed Economies?
- Only few countries escaped the Middle Income Trap: Israel, South Korea and Taiwan
- The curse of demographics
- Inadequate savings and investment
- Education and technology production
- Democracy, democracy, democracy
- What about the next 20 years? The East shall remain the East, and the West shall…
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