The Middle-Income Trap: Comparing Asian and Latin American Experiences:
Chinese Taipei; Hong Kong, China; Korea and Singapore (the East Asian Newly Industrialised Countries or NICs) have been successful in attaining income convergence with high-income countries while Latin American countries remain caught in the Middle-Income Trap. The East Asian NICs pursued export-led...
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Weitere Verfasser: | , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2012
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Schriftenreihe: | OECD Development Centre Policy Insights
no.96 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Chinese Taipei; Hong Kong, China; Korea and Singapore (the East Asian Newly Industrialised Countries or NICs) have been successful in attaining income convergence with high-income countries while Latin American countries remain caught in the Middle-Income Trap. The East Asian NICs pursued export-led growth by targeting strategic industries which facilitated gradual diversification and upgrading into new products that required similar skills and inputs. Comparing the experience of the NICs to Latin American economies reveals that successful diversification and upgrading of a country's export structure requires coherent and complimentary policies in the areas of education, infrastructure, innovation and access to finance. |
Beschreibung: | 1 Online-Ressource (2 p.) 21 x 29.7cm. |
DOI: | 10.1787/5k8x7gwqsllp-en |
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spelling | Jankowska, Anna VerfasserIn aut The Middle-Income Trap: Comparing Asian and Latin American Experiences Anna, Jankowska, Arne, Nagengast and José Ramón, Perea Paris OECD Publishing 2012 1 Online-Ressource (2 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Development Centre Policy Insights no.96 Chinese Taipei; Hong Kong, China; Korea and Singapore (the East Asian Newly Industrialised Countries or NICs) have been successful in attaining income convergence with high-income countries while Latin American countries remain caught in the Middle-Income Trap. The East Asian NICs pursued export-led growth by targeting strategic industries which facilitated gradual diversification and upgrading into new products that required similar skills and inputs. Comparing the experience of the NICs to Latin American economies reveals that successful diversification and upgrading of a country's export structure requires coherent and complimentary policies in the areas of education, infrastructure, innovation and access to finance. Development Nagengast, Arne MitwirkendeR ctb Perea, José Ramón MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k8x7gwqsllp-en Volltext |
spellingShingle | Jankowska, Anna The Middle-Income Trap: Comparing Asian and Latin American Experiences Development |
title | The Middle-Income Trap: Comparing Asian and Latin American Experiences |
title_auth | The Middle-Income Trap: Comparing Asian and Latin American Experiences |
title_exact_search | The Middle-Income Trap: Comparing Asian and Latin American Experiences |
title_full | The Middle-Income Trap: Comparing Asian and Latin American Experiences Anna, Jankowska, Arne, Nagengast and José Ramón, Perea |
title_fullStr | The Middle-Income Trap: Comparing Asian and Latin American Experiences Anna, Jankowska, Arne, Nagengast and José Ramón, Perea |
title_full_unstemmed | The Middle-Income Trap: Comparing Asian and Latin American Experiences Anna, Jankowska, Arne, Nagengast and José Ramón, Perea |
title_short | The Middle-Income Trap: Comparing Asian and Latin American Experiences |
title_sort | middle income trap comparing asian and latin american experiences |
topic | Development |
topic_facet | Development |
url | https://doi.org/10.1787/5k8x7gwqsllp-en |
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