The Middle Income Trap: Developing Asia at the Crossroads?
The speaker will examine the likelihood of Asian countries such as China and Malaysia being able to meet the conditions that enabled the successful catch-up growth in Japan, Korea and Taiwan. He will explore how they might be able to avoid the fate of countries in Latin America that have fallen into the so-called 'middle-income trap'.
Wing Thye Woo is Professor at University of California at Davis; Chang Jiang (Yangtze River) Scholar at the Central University of Finance and Economics in Beijing; Director of the East Asia Program within The Earth Institute at Columbia University; and Nonresident Senior Fellow at the Brookings Institution.
For more information please contact the Asia Programme.