middle income trap / low income trap / high income trap
1 episode mention this concept
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Related concepts
Concepts that appear alongside middle income trap / low income trap / high income trap across episodes.
- multiple disciplinary thinking
- job deficits
- standard economic theory (linearity, assumptions)
- multipolar order vs. unipolar order
- inequality (regional income imbalance, within society)
- network economy (winner-take-most)
- behavioral economics
- climate change (ice caps melt, ocean levels rise, food shortages)
- emergence of a new order
- globalization of knowledge
- globalization of technology
- rationality (biased concept)
- complicated vs. complex societies
- populism
- fragile state, failing state, failed state
- gdp statistics (measurement failures, externalities)
- fundamentalism
- standard model of development
- black swans (climate events)
- consumer surplus