The chapter discusses some "trap" issues for developing countries, such as middle-income trap, underdevelopment trap, and poverty trap. What do you think the root cause(s) of these issues in the developing countries? Can the developing countries escape from this trap? And to what extent the roles from developed countries are need? Explain and give example to support your answer!

The chapter discusses some "trap" issues for developing countries, such as middle-income trap, underdevelopment trap, and poverty trap. What do you think the root cause(s) of these issues in the developing countries? Can the developing countries escape from this trap? And to what extent the roles from developed countries are need? Explain and give example to support your answer!

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter17: Development Economics

Section: Chapter Questions

Problem 17E

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