Finding a Way to Avoid the Middle Income Trap: The Cases of China and Peru
Description:
This project examines the problem of the middle-income trap and identifies possible solutions based on lessons learned and development experiences from China and Peru, whose cases are analyzed and compared from a perspective of knowledge exchange.
It entails a joint study by Chinese and Peruvian specialists with a focus on specific areas, such as the forces behind the middle income trap, economic transition, economic opening-up, a regional perspective on the middle income-trap, investment in infrastructure, policy frameworks, and informality, each of which are addressed in separate chapters. The research, which drew on a workshop between Chinese and Peruvian authors at Universidad del Pacífico on November 25 and 26, 2019, will culminate in a publication available in English, Chinese, and Spanish.
Participating institutions:
- Center for China and Asia-Pacific Studies
- Institute of World Economics and Politics, Chinese Academy of Social Sciences
Main researchers:
Zhang Yuyan
Director
Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS)
Results:
Finding a Way to Avoid the Middle-Income Trap: The Cases of China and Peru
Santa Gadea, R. and Zhang, Y. (Eds.) (2021). Finding a Way to Avoid the Middle-Income Trap: The Cases of China and Peru. China Social Sciences Press.
