Is there a "middle-income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective at low income levels to growth strategies that are effective at high income levels, they...

Is there a "middle-income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective at low income levels to growth strategies that are effective at high income levels, they...

EU member states do not get much from participating in a regional trade agreement and economic integration regime: beside the questionable effects on growth perspectives (€-area grew since 1960 with a gradually smaller rate than the world economy), there is a clear evidence for a profound,...