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Cuma, Kasım 22, 2024

Japan

How 3 East Asian countries have overcome middle-income trap

Japan, South Korea and Singapore took different approaches to overcome the middle-income trap and successfully fostered a stable middle class to form a rugby-shaped society in terms of income.

Growth in Asia and the Pacific is expected to remain strong at 5.3

Growth in Asia and the Pacific is expected to remain strong at 5.3 percent this year and next, accounting for almost two-thirds of global growth.
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