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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 ....

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Presidential Incentive Awards announced

Presidential Incentive Awards announced
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Strengthening Aotearoa's COVID-19 Maritime Border Protection: New Funding For Risk Assessment Tools Awarded To Xerra

Wednesday, 16 December 2020, 8:26 am
The COVID-19 pandemic has changed many facets of our
lives in Aotearoa New Zealand. Although we have enjoyed
relative freedom in recent months, maintaining vigilance at
our maritime borders whilst minimising disruptions to trade
is a challenging endeavour.
Xerra has been awarded
$850,000 through the Ministry of Business, Innovation and
Employment’s (MBIE’s) COVID-19 Innovation Acceleration
Fund (CIAF) to support the pandemic response in Aotearoa New
Zealand and the Pacific Islands. The funding is being used
to accelerate the delivery of two maritime border protection
tools in their Starboard Maritime
Intelligence platform.
The first of these tools is ....

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