1. What is the middle-income trap? Word. "Middle income trap" (middle-income trap) began to appear in the research of the World Bank in 2007 after the articles and studies on this subject appeared many times in 3-4 years from now. slowing of economic growth and the contraction of exports. The middle income trap is a saying in Thailand. Indeed, Thailand has been caught in this trap for many years. According to the World Bank classification of income. Thailand has entered into a middle-income status. (middle-income country) since before the economic crisis in 1997, many years ago, in 2011, the Bank announced that the United States has shifted from a middle-income country with a low level (lower- middle-income country) to middle-income countries. senior (upper- middle-income country), but the slowdown of the economic growth. Thailand continues to live in middle-income countries over the next several years. And have seen that our country is stuck with middle-income countries, as well as many other countries around the world, "the middle-income trap" is the state of development of poor countries with low income to the country. income but was "mired" in a state of moderate income. With no tendency to move towards a high-income countries , the study of the past. There are few countries in the world, the country can emerge from the middle-income trap. Which is said to be very common, such as Japan, Korea and Taiwan. The country is caught in the middle-income trap that many countries in South America and most countries in Asia. If, however, does not specify how long the clear. Countries with low-income countries will be able to move into the middle-income countries have. As long as the rate of economic growth over the center. But the country is growing slowly. It may take decades to be able to step into a high-income country. It is said that One of the countries that are successful in transitioning from middle income to high-income countries there. Must be a country that can move up from middle-income to higher income in the period that no longer an example of the middle-income level countries with high income may only take 10-15 years for the country. Others are growing, but can not move up the income is income that lasts for decades. It is a country caught in the middle-income trap , in fact, many countries in the world that do not have much income. Chances are stuck in the mud or trapped in slow growth or even a recession in the developed economies. Decades ago, economists who study economic development is discussed. "Vicious cycle of poverty" (Vicious cycle of poverty), a situation that occurs in many poor countries are caught in a cycle of poverty can not be released. There are several reasons for the low rate of economic growth. But the population has increased at a higher rate. The average income of people with depression, consumption, savings, investment is low. When this happens, the economy of these countries is no way to get out of poverty. In addition, countries with low income. He turned to the high income countries. It found that most of these countries have low rates of economic growth, and some countries even have a negative economic growth for several consecutive years. It can be seen that countries with high income, it has to "trap" the disruption of economic growth as well, so it is not the only country with a level of income that is "trapped" countries in all. all income levels are stagnant or declining economic well despite the country as a middle income country already. Must be considered Why their country is caught in the middle-income trap. And when to break out of this trap and move to a country with a developed high-income people. The study of the middle-income trap. It's not that vain and worthy of attention.
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