Advanced Middle Income Countries

Development in Asia over the last 50 years has brought unprecedented advances in human welfare, but for middle-income countries seeking to emulate the spectacular rise of the Asian Tigers a generation ago, the transition to upper-income status is far from assured. Since Gill and Kharas first coined the term middle-income trap in 2007, a growing bod… Read more

9:30-11:00 AM Most developing countries in the Indo-Pacific region have experienced extraordinary growth and transformation over the past three decades, with many having reached, or now poised to reach, Advanced Middle Income Country (AMIC) status—spanning $4,000 to $20,000 GNI per capita. Despite general optimism regarding their continued progress… Read more

Asia’s rise has been dramatic, with unprecedented economic growth and investment, expanding access to information, and millions lifted out of poverty. But new obstacles are emerging in some parts of the region, alongside enduring challenges. In Asia editor Alma Freeman sat down with Gordon Hein, The Asia Foundation’s senior vice president of progra… Read more

By many metrics, Bangladesh’s development trajectory is a unique success story, especially since the 1990s when democratic rule was reinstated and extensive economic reforms were made. Poverty incidence has fallen from 60 percent to around 30 percent.