A couple weeks ago, I mused a bit about how developing countries graduate into the leagues of the world’s richest nations, specifically looking at the case of Malaysia. That country has been stuck at ...
Bomb threats were emailed to at least 12 schools in Noida and three in Delhi during CBSE exams. Schools evacuated and police, bomb squads, and fire services conducted searches. No explosives were ...
With its GNI per capita having increased steadily in recent years, China has probably evaded the middle-income trap. But the country may yet find itself ensnared in a kind of economic Thucydides trap: ...
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Middle income trap

We seem stuck in the middle income trap. Propounded for the first time in 2007 by the World Bank, this concept refers to states or economies that stagnate within a certain range of per capita gross ...