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MIDDLE INCOME TRAP [1 record]
Record 1 - internal organization data 2014-07-24
Record 1, English
Record 1, Subject field(s)
- National and International Economics
- Economic Conditions and Forecasting
- Labour and Employment
Record 1, Main entry term, English
- middle income trap
1, record 1, English, middle%20income%20trap
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
The middle income trap occurs when a country’s growth plateaus and eventually stagnates after reaching middle income levels. 1, record 1, English, - middle%20income%20trap
Record number: 1, Textual support number: 1 OBS
The problem usually arises when developing economies find themselves stuck in the middle, with rising wages and declining cost competitiveness, and unable to compete with advanced economies in high-skill innovations, or with low income, low wage economies in the cheap production of manufactured goods. 1, record 1, English, - middle%20income%20trap
Record 1, French
Record 1, Domaine(s)
- Économie nationale et internationale
- Prévisions et conjonctures économiques
- Travail et emploi
Record 1, Main entry term, French
- piège du revenu intermédiaire
1, record 1, French, pi%C3%A8ge%20du%20revenu%20interm%C3%A9diaire
correct
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Un pays tombe dans le piège du revenu intermédiaire lorsque sa croissance plafonne et stagne une fois atteints des niveaux de revenus moyens. 1, record 1, French, - pi%C3%A8ge%20du%20revenu%20interm%C3%A9diaire
Record number: 1, Textual support number: 1 OBS
Le problème survient généralement lorsque les économies des pays en développement se trouvent entre l’arbre et l’écorce : les salaires augmentent et deviennent moins concurrentiels, ce qui empêche les pays de rivaliser avec les économies performantes dans les domaines d’innovation de haut calibre, et avec les économies à faibles revenus qui offrent une main-d’œuvre et une production manufacturière bon marché. 1, record 1, French, - pi%C3%A8ge%20du%20revenu%20interm%C3%A9diaire
Record 1, Spanish
Record 1, Textual support, Spanish
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