The Transition to Middle Income: Thinking Beyond the 'Optics' to the 'Mechanics'
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Date
2013-10-01
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Abstract
This presentation explores the idea of a 'middle-income transition' or 'middle-income trap' in Sri Lanka and questions what ingredients matter when thinking about breaching the middle-income challenge. The presentation argues that 3 key pillars were important for countries that successfully navigated the middle-income transition - better talent, better products and better governance.
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Middle income, Sri Lanka, Economic growth, Development Macroeconomics, Innovation, Labour, Governance, Institutions skills