Development Challenges for Low and Middle-Income Asia
by
Shigesaburo Kabe, Ryuichi Ushiyama, Takuji Kinkyo;Shigeyuki Hamori
Language: English
Release Date: March 7, 2016
Besides export expansion, a growing middle class in Asia has contributed to the area's economic expansion, providing Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy for these countries to run up the ladder of economic growth,...