Our Weekly Economic News Roundup and pathway that avoids middle income trap
Economic Growth
How an Economic Growth Path Can Lead to High Income

If the Dominican Republic’s economy continues the convergence velocity predicted by the IMF, it will avoid the middle income trap.

economic news roundup and infrastructure
Transportation
Why We Worry About the World’s Faster Roads

Decomposing development, researchers tell us that less road safety can constrain a middle income country’s economic growth.

middle income trap Dominican Republic
Developing Economies
How the Middle Income Trap Could Ensnare China

Hoping to avoid the middle income trap, China is taking the less typical socialist route through their “common prosperity” policies.

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