Middle-Income Trap: Economic Myth, Political Reality
Case studies from Malaysia and Thailand
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
Cambodia’s National Institute of Diplomacy and International Relations and The Asia Foundation Sign MOU
July 2, 2020
Nikkei Asian Review Highlights Go Digital ASEAN
June 30, 2020
ASEAN and The Asia Foundation, with Support from Google.org, Collaborate to Equip 200,000 Micro and Small Enterprises with Digital Skills and Tools Amidst the Covid-19 Crisis
June 22, 2020
Myanmar Times Cites Asia Foundation Survey on Business Impact of Covid-19
June 15, 2020
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Let’s Read, our free digital library, is helping children learn at home. Learn about our Covid-19 efforts.