Brics Or Bust?: Escaping The Middle-Income Trap

This book argues that Brazil, Russia, India, China, and South Africa must invest in the productivity of ordinary citizens to avoid or escape the middle-income trap. While the policies in service of this goal are not particularly controversial, the authors find that elite privilege has blocked their implementation, putting the future of key developing economies at risk.

• | Author: Hartmut Elsenhans, Salvatore J. Babones
• | Publisher: Stanford Briefs
• | Publication Date: Sep 12, 2017
• | Number of Pages: 104 pages
• | Language: English
• | Binding: Paperback/Business & Economics
• | ISBN-10: 080479989X
• | ISBN-13: 9780804799898