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Frontiers | Evidence of the Middle-Income Trap in Latin American Countries: Factor Analysis Approach Using Regression and the ARDL Model

The middle-income trap (MIT) is often accompanied by the decline or stagnation of economic growth, unreasonable domestic industrial structure, and serious polarization be-tween the rich and the poor. However, due to different international environments, different specific national conditions, and different development policies adopted by each country, the manner in which to get out of the MIT varies. Transforming the mode of economic growth and realizing sustainable economic development is an important means for a country or region to escape from the "trap" of economic stagnation. This study carries out an analysis of different economic growth factors of Latin America countries (we selected 19 MIT countries out of 33) and compared them with Singapore and Korea, which are in a high-income range. We used a regression model to find the relationship of variables in each country and the impact on the economic growth due to these variables. The study finds using correlation and reg ....

United States , United Kingdom , South Korea , Japan General , The Tiger , Stann Creek , Republic Of , City Of , Costa Rica , Dominican Republic , Ch Ungch Ong Bukto , Baden Wüberg , Yavuz Tiftik , Atlantic Ocean , Simon Schuster , Pacific Ocean , Pcses Khan , Biomass Energy Barriers , Mean Group Estimation Of Dynamic Heterogeneous Panels , Foreign Bank Entry , Agenda For Further Research , Technological Development , Energy Econ , Financial Development , Energy Consumption , Industrial Development In Latin America ,

Philippine failure to take off: The missing 'industrial policy'

An open letter to Usec Rodolfo and BOI Director Dichosa. Usec Ceferino Rodolfo, Managing Head of the Board of Investments, and Ms. Corazon Dichosa, Executive Director, Board of Investments: Maraming salamat for the invitation to the dialogue (December 9-10) on “implementing a modern industrial strategy for the Philippines to strengthen Philippines… ....

United States , World Bank , District Of Columbia , World Bank , South Korea , Corazon Dichosa , Vicente Paterno , Norio Usui , Gil Puyat , Ceferino Rodolfo , Renee Ofreneo , Adrian Cristobal Jr , Clarom Recto , Us Embassy , Professor Emeritus Of The University , Usec Rodolfo , Managing Head , Executive Director , Washington Consensus , Social Justice , Speaker Jose , Magna Carta , World War , Minister Vicente Paterno , Wright Road , Inclusive Growth ,