Real Turkey video:  Middle Income Trap: Why few escape?

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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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and and has contributed to the financial daily Referans and the liberal daily Radikal.