China, Malaysia, Korea And The “Middle Income Trap.”
I just learned a new term today that I know I will be using frequently in the future. The term is “middle income trap” and it crystallizes some of my previously discombobulated thoughts I have had...
View ArticleWill China Escape The Middle Income Trap?
Orville Schell and Peter Schiff contend that China’s brand of state-directed capitalism has the resilience to come out on top of the global market. Ian Bremmer and Minxin Pei put their money on the...
View ArticleWill China Ever Get Rich?
I don’t think so. Just my view. Read an article in Forbes entitled, “What Could Derail A Middle Class China?” This article starts out by asking what could prevent China from becoming a developed...
View ArticleWill China Avoid The Middle Income Trap? Four Ways To Make That Likely
I am fascinated by the “Middle-Income Trap,” particularly as it applies to China. The Middle Income Trap is used to describe a developing economy that stalls out after a period of rapid growth before...
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