Growth slowdowns redux: Avoiding the middle-income trap

Eichengreen, Barry, Park, Donghyun & Shin, Kwanho. The rapid economic growth of emerging markets is the leading headline of our age. But growth is slowing. Using new research, this column asks why this might be, and how policymakers might remedy flagging economies. The answer seems to be education. Recent research suggests, for instance, that the […]