Topic updates

Can Asia reach high-income status?

Geoff Riley

21st May 2017

A useful blog here from the Asian Development Bank on some strategies for Asian countries wanting to escape the so-called middle-income trap. Spending more on research and innovation is seen as key together with increased investment in education. Middle-income economies that successfully graduated to high income had 2.5 times more research and development stock per worker as those that did not.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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