How Can Economies Overcome the “Middle-Income Trap”? World Development Report 2024
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How Can Economies Overcome the “Middle-Income Trap”? World Development Report 2024
Middle-income countries—home today to 6 billion people—are in a race against time. Many have set ambitious deadlines for themselves: reach high-income status within the next two or three decades. That will not be easy. Since the 1990s, only 34 middle-income economies have succeeded in that feat. The rest—108 at the end of 2023—have been ...
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