Shepherd, Ben; Pasadilla, Gloria - East Asian Bureau of Economic Research (EABER) - 2012
form an important part of efforts to avoid the so-called “middle income trapâ€, as improving services sector productivity … is key to invigorating the economy and supporting the sustained innovation needed to move to high income status. The … with the People’s Republic of China (PRC), and India (“the ACI countriesâ€), are no strangers to this underlying trend …