Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

Topic updates

Can Asia reach high-income status?

Geoff Riley

21st May 2017

Share this content:

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.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty 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 and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

Breaking Free from the Middle-Income Trap: A 3i Roadmap to Prosperity

2nd August 2024

Growth and Development in Mexico I A-Level, AP and IB Economics

Topic Videos

Development Economics - Have we reached Peak China?

11th September 2023

Middle Income Trap - Five reasons why China's economy is in trouble

5th October 2022

Impact of Globalisation (Revision Essay Plan)

Practice Exam Questions

Asia sees first regional economic recession in sixty years

15th September 2020

Indonesia’s Aspiring Middle Class

30th January 2020

Growth and Development Profile: Cambodia

Topic Videos