hmmmmm ??
"little is known about why so few countries succeed in making the transition
from middle-income to high-income status"
middle income systems in a pickle :
"sandwiched between low-wage economies on one side
and more innovative advanced economies on the other"
"Caught between these two groups, many middle-income countries
are without a viable high-growth strategy"
"Many middle-income countries tend to make two common mistakes: either they cling to past successful policies for too long, or they exit prematurely from the industries that could have served as the basis for their specialisation process "
either too fast or too slow
"process of structural reform can be tricky:
structural reforms can be
slow and complex,
or fast and easy,
depending on the ownership of the programme,
implementation capabilities,
and a macroeconomic stance
that provides fiscal and political space
to implement the program"
MCF:---massive concluding fatuity---:
"Timing and smooth transition are the two keys to success"
