August 9, 2023
If the Dominican Republic's economy continues the convergence velocity predicted by the IMF, it will avoid the middle income trap.
If the Dominican Republic's economy continues the convergence velocity predicted by the IMF, it will avoid the middle income trap.
Decomposing development, researchers tell us that less road safety can constrain a middle income country's economic growth.
Hoping to avoid the middle income trap, China is taking the less typical socialist route through their "common prosperity" policies.