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If the “middle-income trap” were found to be real, it would pose a more serious problem than ever before as countries at that intermediate level of development account for a growing share of the world’s GDP and the global economy could not prosper if such an enormous part of its population were to become ensnared.
The nations that are at an intermediate level of development form a big share of the world GDP and may make the middle income trap real which will become a serious issue.
The middle income trap will pose a serious issue and is found to be real which would increase the intermediate development of nations to form an increasing part of World GDP.
When many nations are at that level of intermediate development, the middle income trap will become real and pose a more serious problem as nations account for a growing share of world’s GDP.
None of the above
By: Brijesh Kumar ProfileResourcesReport error
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