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Articles on middle income trap

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Shifting the tax burden to wage earners in the middle is a costly and outdated approach to tax reform. Dave Hunt/AAP

Expanding the GST would hit the ‘middle’ and women the hardest

Many developed economies have experienced a significant increase in inequality in recent decades. Survey data for Australia show that the share of the top 10% of the income distribution, and more markedly…
Growing income inequality in China will continue to hamper its transition from a middle-income to high-income country. oliverlaumann

For China, politics will be crucial to avoid the pitfalls of the middle-income trap

Can the economic rise of new middle-income countries such as China, Brazil, India and even Indonesia continue until they become high-income countries like Australia? Japan, Singapore, South Korea and Taiwan…

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