Asia And The Middle-Income Trap(1st Edition)
Authors:
Francis E Hutchinson, Sanchita Basu Das

Cover Type: Hardcover
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Book details
ISBN: 1317388666, 9781317388661
Book publisher: Routledge
Book Price $68.5 : Asia and the Middle-Income Trap by Francis E Hutchinson and Sanchita Basu Das explores the economic challenges faced by Asian countries as they strive to transition from middle-income to high-income status. This insightful book discusses the structural impediments and institutional constraints that prevent these nations from breaking this income ceiling. Key themes include economic diversification, labor market dynamics, and innovation-driven growth. The authors employ a multidisciplinary approach, combining economic theory with real-world case studies to illustrate how different countries have navigated these challenges. The book's table of content meticulously outlines the complex interplay between policy choices and economic outcomes. Additionally, it serves as a solution manual for policymakers by offering practical recommendations to overcome the middle-income trap, effectively acting as an answer key to a sustainable economic future for developing Asian economies. The book has been well-received for its comprehensive analysis and its ability to provide clarity to a complex issue through engaging storytelling and robust research methodology. However, some critiques mention its dense academic style, which may be challenging for readers without a background in economics. Overall, this research serves as a crucial resource for understanding the future of Asia's economic landscape, highlighting the transformative policies needed for success. The cheap format allows educators to distribute copies broadly while maintaining dependable content.
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Oliver Chen
May 3, 2023
( 5 )
Outstanding book with in-depth insights
"I am thoroughly impressed by 'Asia And The Middle-Income Trap'. The book provides an excellent combination of academic rigor and practical examples that shed light on one of the most pressing economic issues in the region. The delivery was prompt, and the book arrived well-packaged. As a subscriber, I also enjoyed a nice discount, which was a pleasant bonus. Highly recommend to anyone interested in economic development and policy-making."
Samantha Green
June 15, 2023
( 4 )
Very helpful guide with clear explanations
"This book offers a good balance between theory and practical case studies. It's quite comprehensive and the sections on policy recommendations were clear and actionable. I received the book quickly after ordering and it was nicely packed. The only reason I'm giving it 4 stars instead of 5 is because I felt some parts could have delved deeper into historical contexts. Overall, it's a great resource for understanding Asia's economic challenges."
Tom Baker
August 22, 2023
( 4 )
Good balance of theory and practice
"A solid read for anyone studying or working in economic development. I found the examples provided very relevant and timely. Got an extra discount using my membership, adding to its value. Certainly worth adding to your collection!"