Comments on “ Capability Failure and Industrial Policy to Move beyond the Middle-Income Trap: From Trade-based to Technology-based Specialization”
Ariel Fiszbein
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Ariel Fiszbein: World Bank
Chapter 4.3 in The Industrial Policy Revolution I, 2013, pp 273-275 from Palgrave Macmillan
Abstract:
Abstract This paper looks at the question of economic development from the perspective of countries seeking to transition from middle to high income. The so-called middle-income country trap (that is, countries succeeding in growing to middle-income level but not being able to sustain that growth to become high income) provides the background and motivation to the paper.
Keywords: Income Country; Latin American Country; Industrial Policy; Income Status; Cycle Technology (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-33517-3_17
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DOI: 10.1057/9781137335173_17
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