How to Avoid Middle-Income Traps? Evidence from Malaysia
Authors:
Aaron Flaaen, Ejaz Ghani, and Saurabh Mishra
Malaysia’s
structural transformation from low to middle income has made it one of the most
prominent manufacturing exporters in the world. However, in the
competitive global economy, like many other middle-income economies, it is sandwiched
between low-wage economies on one side and more innovative advanced economies
on the other. What can Malaysia do? Does Malaysia need a new growth
strategy
To read more: http://siteresources.worldbank.org/EXTPREMNET/Resources/EP120.pdf
Book: p. 135.
To read more: http://siteresources.worldbank.org/EXTPREMNET/Resources/EP120.pdf
Book: p. 135.
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