Middle-Income Trap: Economic Myth, Political Reality
Case studies from Malaysia and Thailand. By Vijayakumari Kanapathy, Herizal Hazri, Pasuk Phongpaichit, and Pornthep Benyaapikul. Coordinated by Adam Burke. While Asia continues to set pace as the world’s fastest growing region, some Asian middle-income countries (MICs) are showing signs of economic slowdown and face stiff competition from lower-cost economies. The implications that could result from this economic growth slowdown in MICs are of serious concern to economists and political decision-makers. The threat of the “middle-income trap” (MIT) looms over Asian MICs such as Thailand and Malaysia, the two countries profiled in this research initiative.
HIGHLIGHTS ACROSS ASIA
The Asia Foundation and APEC Chile Host Panel Discussion on Women’s Entrepreneurship in the Digital Age
October 4, 2019
Wall Street Journal Quotes Abdullah Ahmadzai on Afghan Elections
October 1, 2019
On the Anniversary of Independence, How Secure Is Timor-Leste?
September 25, 2019
The Gender Lab: Engaging Boys to Advance Gender Equality in India
New York City
Friday, September 27, 2019
Mobilizing Changemakers for our Sustainable Future
Meet Akshat Singhal and Sohara Mehroze, two of our 2019 Asia Foundation Development Fellows.