What does middle income trap mean?

Definitions for middle income trap
mid·dle in·come trap

Here are all the possible meanings and translations of the word middle income trap.

Wikipedia

  1. Middle income trap

    The middle income trap is a theoretical economic development situation, in which a country that attains a certain income (due to given advantages) gets stuck at that level. The World Bank defines as the 'middle-income range' countries with gross national product per capita that has remained between $1,000 to $12,000 at constant (2011) prices.

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Numerology

  1. Chaldean Numerology

    The numerical value of middle income trap in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of middle income trap in Pythagorean Numerology is: 8

Examples of middle income trap in a Sentence

  1. Premier Li Keqiang:

    In order to defuse problems and risks, avoid falling into the 'middle income trap', and achieve modernization, China must rely on development, and development requires an appropriate growth rate, at the same time, China's economic development has entered a 'new normal'.

  2. Premier Li Keqiang:

    In order to defuse problems and risks, avoid falling into the 'middle income trap', and achieve modernization, China must rely on development and development requires an appropriate growth rate, at the same time, China's economic development has entered a 'new normal'.

Images & Illustrations of middle income trap

  1. middle income trap

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