Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Otsuka, Miyu - 2019
The middle-income trap is a serious problem in developing Asia and Pacific economies. Middle-income trap is the … to the development of middle-income countries. This paper by using data set consists of 12 Asia and Pacific middle …-income countries, respectively. On the other hand, net foreign direct investment (FDI) inflows are negatively correlated with …