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: