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Topic Summary

Posted by: Tinien
« on: August 05, 2024, 01:43:29 AM »

World Bank: S. Korea Avoided Middle-income Trap

[Economy] :
The World Bank(WB) presented a strategy to avoid the middle-income trap, which is when a country fails to become a high-income country and its growth stagnates, mentioning South Korea as a representative success case.

According to the Ministry of Strategy and Finance on Thursday, the WB released its 2024 ...

[more...]

Source: World Bank: S. Korea Avoided Middle-income Trap

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