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Growing Beyond the Low-Cost Advantage: How the People’s Republic of China can Avoid the Middle-Income Trap

Growing Beyond the Low-Cost Advantage: How the People’s Republic of China can Avoid the Middle-Income Trap

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This report analyzes the challenges the PRC faces and examines policy options that could help its transformation from a low-cost to a high-value economy, bypassing the "middle-income trap".
This report analyzes the challenges the PRC faces and examines policy options that could help its transformation from a low-cost to a high-value economy, bypassing the "middle-income trap".

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Published by: Asian Development Bank on Nov 02, 2012
Copyright:Attribution Non-commercial

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05/13/2014

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