The Middle income trap
2,819 views · Published 22 October 2012 · 5:09 · Indexed 25 October 2026
Channel: Marginal Revolution University · 2012 · Education
Do rapid rates of growth propel developing nations to fully developed status, or do some countries tend to get "stuck"? The latter seems to be true, so here's a look at what we know about a puzzling and important phenomenon. Corresponding lesson: http://mruniversity.com/Middle-income-trap Help us caption & translate this video! http://amara.org/v/FKbe/
