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Cover of World Development Report 2024: The Middle-Income Trap(World Development Report)

World Development Report 2024: The Middle-Income Trap(World Development Report)

(Paperback)

World Bank Publications (Publisher)

Published
2024
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The Report identifies principles for growth to enable middle-income countries to transition to high-income, applying a framework that proposes how the forces of creation (from both entrants and incumbent firms), destruction (of outdated arrangements), and preservation (of existing norms and institutions) can be balanced to speed up progress.
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