The Leap of the Tiger : How Malaysia Can Escape the Middle-Income Trap »
Journal Issue
Volume/Issue: 2015/131
Series: IMF Working Papers
Author(s): Reda Cherif , and Fuad Hasanov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 June 2015
DOI: http://dx.doi.org/10.5089/9781513556017.001
ISBN: 9781513556017
Keywords: growth, middle-income trap, innovation, technology, electronics, it, at, technologies, Government Policy, General
Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia's real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent...