China is currently experiencing a structural change toward tertiarization and an implied
growth slowdown associated with it. The paper investigates whether this growth slowdown is …

The middle-income trap is a relatively new concept that became very popular after the
financial crisis in 2008. It describes countries that have managed to develop economically …

We analyze and compare the pattern of economic growth and development of China and
South Korea in the postwar period. Geographical proximity and cultural affinity between the …

We study the effects of external shocks on the business cycle in China and its sectors
(agriculture, industry, and services) in terms of real GDP growth using several small …

Middle-income trap has become a very popular narrative to explain the fact, that while it is
relatively “easy” to catch up from low to middle-income level, it has been very hard and rare …

This thesis provides an in-depth analysis of the growth and economic development in
emerging market economies with a special focus on the MIT concept and the concrete …

Over the last decade, a growing body of literature dealing with the phenomenon of the
“middle-income trap”(MIT) has emerged. The term MIT usually refers to countries that have …