"Trap of middle-income countries," the plight of developing countries began to soar out of poverty. Revenue from industrial development and exports. And the people in the country have a certain level of well-being. But you can not develop itself into the developed countries, the wealthy (high income countries) because it failed to create innovative technology to increase productivity in manufacturing. Increase the value of the goods at the same time, these countries also faced pressure from below. Because developing countries are new faces. Our aim was and is competitive in the world market. They also have cheaper labor. Which will take production base for export of the country "trapped" because these BR Condo Hanson (Ardo Hansson) of World Bank economists have commented on that. Developed countries are middle income with a lot. But the middle-income developing countries from the rich countries. I have not so much Because this trap For example, countries that are trapped before. Latin America In Asia and the Middle East, the obvious example is the Philippines. (Source) country in Asia that can emerge from middle-income countries. Up as a wealthy country Withdrawal of the trap have been unsuccessful Japan, Singapore, Taiwan, South Korea and Hong Kong-based strategy based on high-tech industries that are involved in developing the new face of Asia. The beginning of the soaring poverty. But also as a moderate and still can not step up to the rich countries, including China, Thailand, Malaysia, Indonesia House, which, if passed, a period of time. These countries have not been able to position itself. Also meet the country newcomer, Cambodia, Laos, Vietnam, speeding itself up as a competitor is considered to be "trapped" as defined middle income trap itself.
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