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of this study is to examine the concept of the middle income trap and make a comparison in terms of Turkey and BRICS … last periods. There are a number of countries in the world, which cannot move to the high income economic level and which … countries (Brazil, Russia, India, China, South Africa). In the comparison, few factors were taken into consideration, such as …
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The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and institutions have been found to be decisive for the break...
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The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration) have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by many empirical studies. However, so far, very little has...
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