Preface -- Asia and the middle-income trap : an overview / Francis E. Hutchinson and Sanchita Basu Das -- The middle-income trap turns 10 / Indermit Gill and Homi Kharas -- Resilience and escaping development traps : lessons for Asian-Pacific economies / Alla Myrvoda, Malhar Nabar and Changyong...

This book addresses the central challenge facing rich countries: how to promote growth and prosperity that is widely shared rather than concentrated at the top. It identifies structures and policies that are associated with limiting the rise in inequality and promoting income growth