Middle-Income Traps: A Conceptual and Empirical Survey

By F. Im, David Rosenblatt. 2015

162 citations recorded by the source corpus.

The term "middle-income trap" has entered common parlance in the development policy community, despite the lack of a precise definition. This paper discusses in more detail the definitional issues associated with the term. It also provides evidence on whether the growth performance of middle-income countries (MICs) has been different from other income categories, including historical transition phases in the inter-country distribution of income. A transition matrix analysis and an exploration of cross-country growth patterns provide little support for the existence of a middle-income trap.

View Paper: https://www.semanticscholar.org/paper/c0292016d20ca82013c7e7027aa9993f4d045d44

Citations in the corpus

• Transitioning from low-income growth to high-income growth: is there a middle-income trap? (2014, unknown): “More recently, Im and Rosenblatt (2013) discuss the definition of middle-income traps and explore both the absolute and relative thresholds of the ‘traps.’”