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Middle Income Trap

2 Major Traps on China’s Path to Global Leadership

2 Major Traps on China’s Path to Global Leadership

By Plamen Tonchev
There are at least two major obstacles that China will have to get over on its path to global leadership, one domestic and one outward-facing.

On China: A Conversation With Larry Summers

On China: A Conversation With Larry Summers

By Maurits Elen
Larry Summers, former U.S. treasury secretary, discusses China's domestic challenges and the lessons of China’s economic success.
Vietnam: Can the Communist Party Keep Up With Market Reforms?

Vietnam: Can the Communist Party Keep Up With Market Reforms?

By Anton Tsvetov
Is the Communist Party ready to face political consequences of Vietnam's economic transformation?

Four Considerations on the Chinese Economy

Four Considerations on the Chinese Economy

By Andong Peng
Plenty is written about the Chinese economy; but plenty more needs to be understood.

Can Thailand Avoid the Middle-Income Trap?

Can Thailand Avoid the Middle-Income Trap?

By Bishal Chalise
Many countries in Asia are invariably facing the risk of falling into the trap; Thailand is one of them.

Good Morning Future Wealth, Vietnam

Good Morning Future Wealth, Vietnam

By Anthony Fensom
For reformers, the country’s economic and political rise could be just about to start.

Asia’s Complacency Trap

Asia’s Complacency Trap

By Anthony Fensom
Advanced economies are threatened by a “high income trap.”
Malaysia: First World By 2020?

Malaysia: First World By 2020?

By Anthony Fensom
The country is on track, but needs to overcome the “middle income trap.”

Jokowi’s Big Energy ‘Swing’

Jokowi’s Big Energy ‘Swing’

By Clint Richards
Subsidy cuts and tax holidays may jumpstart investment, but minimum safety nets should be maintained.

Can China Become a High-Income Economy?

Can China Become a High-Income Economy?

By Christopher Ernest Barber
The IMF thinks so, but some challenging reforms will be needed if China is to avoid the middle-income trap.

Services No Savior for Asia: ADB

Services No Savior for Asia: ADB

Developing Asian economies should not be tempted to skip manufacturing, says the bank.

Malaysia's Economy: Still Chugging Along

Malaysia's Economy: Still Chugging Along

Malaysia’s economy continues to see healthy growth. Now it must find a way to avoid the middle income trap.

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