Kohli, Harpaul Alberto; Mukherjee, Natasha - In: Global Journal of Emerging Market Economies 3 (2011) 3, pp. 291-311
-growing countries have stagnated upon reaching middle-income status, a phenomenon known as the “Middle Income Trap.” This article … quantifies possible opportunity costs of Asian countries falling into or staying in the Middle Income Trap rather than sustaining … (port and airport activity). However, there are further obstacles in addition to the Middle Income Trap—five other “mega …