Tables and figures -- Preface -- Abbreviations -- Contributors. Introduction / Naoyuki Yoshino, Peter J. Morgan, and Bihong Huang -- Transitioning from low-income growth to high-income growth: is there a middle-income trap? / David Bulman, Maya Eden, and Ha Nguyen -- The middle-income trap:...

"This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to...