After experiencing an initial period of rapid growth, many developing countries have fallen into the middle-income 'trap', stuck between low-wage, low-technology markets and high-income, innovation-based developed economies. As previous literature has demonstrated (Agenor and Canuto 2012), public policies aimed at improving access to advanced information and telecommunications (ITC) infrastructure, protecting intellectual property rights, and reforming...
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INFORMATION
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2014/03/01
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Fiche
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86114
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1
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1
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2014/03/25
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Disclosed
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Access to finance, product innovation, and middle-income growth traps
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Poverty Reduction & Economic Management
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